[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Tulsi Gabbard FIRES the Top Two Deep State Officials from the National Intelligence Council

World Health Organization: 57 Children in Gaza Killed by Malnutrition Since March Amid Israeli Siege

Pop Star Ed Sheeran Admits "Every Area Of London" Is Dangerous Now

Dr. David Martin discusses a proposed bioweapons attack scheduled for July 2025.

MSNBC horribly suggests the genocide against the SA refugees is justified.

Cheap Tomatoes (And Immigration)

SOTT Earth Changes Summary - April 2025: Extreme Weather, Planetary Upheaval,

Turmeric Lowers Blood Pressure-How To Get the Most Out Of It

Magistrate Judge Issues Warning to US Attorney Alina Habba and ICE After Arrest of Newark Mayor

UK PM Starmer Slammed For Daring To Suggest Immigrants Should "Speak English"

How $21 TRILLION Went Missing From U.S. Tax Payers! -Catherine Austin Fitts

Diddy’s Collapse Was No Accident – Whitney Webb Connects the Dots!

CANADIAN Soldiers Spill Hard Truth about Russia Ukraine War

10 Russian weapons used in Ukraine that worry NATO

CAF It Looks Like Crypto Is Going to Be the Trigger for the Next Crisis—and Massive Plunder

Jimmy Dore NYC Mayor Race Just Got CRAZY! !

US Treasury Shocks With Second Biggest Budget Surplus In History

Democrats have reached peaked stupidity.

The Forgotten History of Neurological Vaccine Injuries

Israel to take full control of land registry in West Bank's Area C, cementing annexation

Trump discusses end to Gaza war with Saudi crown prince

ew numbers from the Bureau of Labor and Statistics show 800,000 jobs from last year never existed.

Hamas releases Israeli-American captive Edan Alexander after direct talks with U.S.

Despite Mainstream Panic, US Consumer Price Inflation Tumbles To Lowest In Over 4 Years

Big Pharma Whistleblower Found Dead After Confirming Ivermectin Cures Cancer

Store nothing in plastic

Black Nurse Claims She Kills White Patients on Facebook

BOOM…😂😂😂

Eric Church - Drink In My Hand

Lower Bloood Pressure


Business/Finance
See other Business/Finance Articles

Title: New-energy cars: China could overtake US in one to two years
Source: [None]
URL Source: http://www.wantchinatimes.com/news- ... spx?id=20150225000039&cid=1202
Published: Feb 25, 2015
Author: Hsu Chang-ping and Staff Reporter
Post Date: 2015-02-25 00:13:37 by Tatarewicz
Keywords: None
Views: 13

Want... China's government has made it policy to encourage people to use new-energy cars, with the goal of building a complete industry chain and putting 5 million new vehicles on the country's roads by 2020.

China is expected to surpass the United States as the world's biggest market for new-energy vehicles in the next one or two years, despite low interest in second- to fourth-tier cities, where only small or no government subsidies for green cars are offered, experts say.

Figures compiled by the official China News Service indicate 6,599 new-energy vehicles were produced in China in January, an almost fivefold increase compared to 2014.

Although 40,000 more new-energy vehicles were sold in the United States than in China in 2014, Beijing's green car push with accompanying incentives could enable China to overtake the US as the world's biggest new-energy vehicle market in just one to two years, industry insiders said.

China News Service said the government provides large subsidies for new-energy cars in the largest cities like Beijing and Shanghai, where infrastructure such as charging stations and after-sales services are relatively well established.

In lower-tier cities like Jinan and Baotou, however, subsidies are small or non-existent. This has hampered the local takeup of new-energy vehicles, given their higher price compared to conventional cars that run on gasoline, the report said.

In addition, potential buyers in lower-tier cities feel they have better air quality than in top-tier cities and have less need to worry about pollution. The lack of charging infrastructure also makes it impractical to own an electric vehicle.

Post Comment   Private Reply   Ignore Thread  



[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]