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China Ministry of Transport targeting 300,000 new energy vehicles on roads by 2020

Green Car Congress

Xinhua reports that the Chinese Ministry of Transport (MOT) is targeting 300,000 new energy vehicles on China’s roads by 2020: 200,000 new energy buses and 100,000 new energy taxis and city logistics delivery vehicles.

2020 150
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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

Green Car Congress

Electric Air Taxis/ Electric Vertical Take-off & Landing (eVTOL) - The future of electric air taxis, or electric vertical take-off and landing (eVTOL), is perhaps the most uncertain due to high regulatory barriers as well as technical. Battery Demand From Non-automotive EV Sectors in 2021. Today, subsidies have been greatly reduced.

Market 150
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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

The government of China—now the world’s largest automotive market—has made vehicle electrification central to its plan for growing the automotive market both domestically and internationally, and accordingly has created many national and local incentives for plug-in electric vehicle (PEV) purchases. China’s Energy Saving and.

Plug-in 239
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China’s EV Subsidy

Revenge of the Electric Car

Government Aims to Create Strong Domestic Industry but Generous Rebates Risk a Backlash as Rich-Poor Divide Grows. All-electric e6 vehicles made by BYD charge up in Shenzhen, where the cars are used as taxis. The Leaf, if imported to China, isn’t likely to benefit from purchase subsidies from the Chinese government.

E6 124
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World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives

Green Car Congress

Industry forecasts suggest that the global electric vehicle sales will contribute between 2% to 25% of annual new vehicle sales by 2025, with the consensus being closer to 10%. As a result of this the a transition, there will be a significant shift in the overall value chain in the automotive industry. Integrated Charging Solutions.

China 199
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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

The investment consists of an initial investment and additional purchases of CRI equity over a 3-year period. Geely’s Englon SC7 sedan was the first methanol-fueled car to receive approval from China’s Ministry of Industry and Information Technology. Zhejiang Geely Holding Group (Geely Group) will invest a total of US$45.5

Renewable 150
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OC&C survey finds US consumers lag behind major industrialized countries in embracing electric/hybrid vehicles

Green Car Congress

Americans are much less likely than consumers in other major industrialized countries to purchase an electric vehicle or hybrid, largely because of concerns over access to charging stations away from home, according to a survey by global consulting firm OC&C Strategy Consultants.