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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. Reports of the meeting were shared by Chinese state-owned broadcaster China Central Television ( CCTV). The update was related during a top government meeting.

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Global HEV, PHEV and BEV sales in 2010 are forecasted to total 954,500 vehicles, or 2.2% million vehicles projected to be sold through the end of 2010. The report, titled “Drive Green 2020: More Hope than Reality” considers various factors affecting the future potential for “greenvehicles in the world’s largest automotive markets.

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