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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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Ernst Young Survey Finds Roughly 60% of Chinese Consumers Would Consider Purchasing a Plug-in Vehicle

Green Car Congress

Chinese consumers led in their consideration of a plug-in vehicle purchase. According to a new survey by Ernst & Young’s Global Automotive Center, roughly 60% of respondents in China said they would consider purchasing a plug-in hybrid or electric vehicle. Click to enlarge. Mike Hanley.

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BYD’s strategy to take over Europe [Feature]

Teslarati

BYD and other Chinese automakers have studied the European auto market for years. The publication also shared details about how other Chinese automakers are entering the European market and their plans to beat top-selling brands like Tesla and Volkswagen in the EU’s local electric vehicle (EVs) market.

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Lux: plug-in vehicle battery market to hit $10B in 2020; 6 carmakers = 90% of demand; VW to show most growth

Green Car Congress

Led by Tesla, China’s BYD, and Volkswagen, the battery market for plug-in vehicles will rise to $10 billion in 2020, with electric vehicles (EV) emerging as the drivetrain of choice, according to a new forecast by Lux Research. Plug-in hybrid electric vehicles (PHEVs) will do well in unit sales, accounting for 740,000 of 1.5

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China Yuchai delivers 76 diesel-electric plug-in hybrid buses to Shenzhen

Green Car Congress

This is the second large order from Siweimei since its purchase of 110 units at the end of 2016. liter diesel engine compliant with China’s National V Emission Standards, and a plug-in charging battery. Shenzhen City was the Chinese government’s first Special Economic Zone.

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BYD sells 18,220 EVs in China in November, up 128% year-on-year

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Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% November sales of plug-in hybrids passenger vehicles hit 7,333, up by 2.9% Sales of pure-electric vehicles and plug-in hybrids January-November 2020 were 139,246 and 69,390, respectively, down by 19.9% from a year earlier.

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CMU, Ford, Drexel study suggests Chinese more receptive to adopting BEVs than Americans, regardless of subsidies

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Results from a study by a team from Carnegie Mellon University, Ford and Drexel University suggest that Chinese consumers are more receptive to adopting battery-electric vehicles (BEVs) than their American counterparts, regardless of subsidies. The study is published in the journal Transportation Research Part A. —Helveston et al.

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