Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate
Green Car Congress
JULY 5, 2012
The Chinese government initially overestimated consumer demand for electric vehicles, and has made adjustments to its incentive policies. The HEV cars were sold mostly to individual consumers while PHEVs were sold to taxi fleets in Shenzhen and Beijing, as well as to some. Municipal vehicles composed the remaining 10%.
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