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5 Does China Hold the Key to the Electric Vehicle Market?

5 Does China Hold the Key to the Electric Vehicle Market?

1th. U.S. auto companies and their friends in traditional electric vehicles to the Far East, continues to get the headlines, the Chinese government across the country, it seems to make the long journey ahead. Will spread throughout the world, such as electric vehicles and hundreds of millions of dollars to the Chinese authorities issued the increasing speed of the market in China to promote.

5 million electric vehicles in China in 2020

2nd. 5 million electric vehicles on the road by 2020, the Chinese government promised that, in fact, the calculation is very rare in the government involved in the Chinese automotive industry, have great strength. In fact, we recently U.S. officials at the Wanxiang Group, famous Chinese have $ 256 million acquisition of A123 Systems to go bankrupt. Received more than $ 130 million in federal aid for batteries and electric cars are a company that is an excellent developer.

However, speculation is rampant!

Reduce dependence on oil

3rd. Over the years the Chinese authorities have now taken center mineral or more, depending on what resources have gezögert.EVs worldwide, A new revolution in advanced technology base and the fact that it starts high expectations

Other governments around the world for a short time the vacuum electric vehicles in 2012, it is very difficult to say about the idea, or the fact that they have to pay lip service and do not spend all the money they promised.

2013 is the year of the electric vehicle?

4th. Time and again experts. "Year" to not be able to see them get through the mass-market electric vehicles, according to the Tipping Point As we have been disappointed over and over, then lost in the market and sales may be in order after the Chinese government's tipping point was disappointing.

In 2013 experts worldwide sales of electric cars will be monitored closely. The fact that it is the last year of electric vehicles, financial incentives for consumers and governments around the world will be, but they should be monitored.

Decision

5th. These and other governments around the world in 2020, 5,000,000 electric vehicles on the road in China to tell the Chinese authorities to continue to be able to know that as a result of a shorter-term, such as battery technology, and etc. At the end it is a mass-market EV to the Chinese authorities will be introduced for the development of resistance.

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