China Set To Overtake US In 2015 As EV Sales Leader

China Set To Overtake US In 2015 As EV Sales Leader - HybridCars.com

hybridcars.com 26 Aug '15, 7pm

China Set To Overtake US In 2015 As EV Sales Leader

China has been aggressively adding new initiatives to spur adoption of electrified vehicles, and its efforts are paying off. Looking only at passenger vehicles, if sales continue at the current rate, about 121,000 EVs will be sold in China by the end of the year. The U.S., in comparison, will reach 112,000 sales if it maintains current levels. Last year, sales increased by 425 percent over the previous year, which is “more than the total production of the previous four years,” said Yonghe Huang, director and chief engineer at Chinese Automotive Technology’s Policy Research Center. Huang presented an in-depth look at China’s electrified vehicle (EV) market earlier this month at the CAR Management Briefing Seminars. Source: Yonghe Huang, director and chief engineer at Chinese Automotive Technology’s Policy Research Center, CARS Management Briefing Seminar, August 2015. Compa...

Full article: http://www.hybridcars.com/china-set-to-overtake-us-in-201...

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