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 HEV cars were sold mostly to individual consumers while PHEVs were sold to taxi fleets in Shenzhen and Beijing, as well as to some. BEV/PHEV cars that were. Price will be a major barrier to growth on the demand side, Pike notes, especially given China’s reliance on cash sales over financing. Market development.
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