Skip to main content

Chinese demand for EVs is growing

Demand for electric vehicles (EVs) is growing in China. A report from the Shanghai Daily said that data from the China Association of Automobile Manufacturers showed EV sales reached 90,000 units, 131% higher in January-April 2016 than for the same period in the previous year. Demand for EVs is particularly strong in the major Chinese cities. Vehicle buyers in Beijing have to submit a request for a vehicle registration. Official data shows that applications for EV registrations reached 17,600, an increase o
June 14, 2016 Read time: 2 mins
Demand for electric vehicles (EVs) is growing in China. A report from the Shanghai Daily said that data from the China Association of Automobile Manufacturers showed EV sales reached 90,000 units, 131% higher in January-April 2016 than for the same period in the previous year. Demand for EVs is particularly strong in the major Chinese cities. Vehicle buyers in Beijing have to submit a request for a vehicle registration. Official data shows that applications for EV registrations reached 17,600, an increase of 5,000 over the previous round of applications. According to the Beijing Times, the city authorities have set a quota of 60,000 new EV registrations for 2016, with this expected to be completely used up by the next round of applications ending in August 2016. So far this year, 25,424 new EVs have been registered in Beijing.

The Chinese Government is encouraging vehicle customers to opt for EVs in a bid to help tackle air pollution in the major cities. The country’s auto manufacturers are also now amongst the global leaders in developing new EV models.

Related Content

  • Wacker Neuson sees business growth with strong results
    November 10, 2017
    The Wacker Neuson Group is reporting a strong third quarter performance for 2017. The company’s latest results reveal a marked increase in revenue and earnings and says it remains positive about the fourth quarter of 2017. Wacker Neuson says it expects its revenue and earnings forecast for the current fiscal year to come in at the higher end of previous forecasts. The Wacker Neuson Group reported revenue of € 378.7 million for the third quarter of 2017. This corresponds to an increase of 20% over the €315.
  • Chinese quarry increasing size of Caterpillar fleet
    December 10, 2013
    Chinese quarry producer Beijing Xindadi Equipment Company is looking to increase the size of its Caterpillar machine fleet as part of its plan to increase output The company is based at Beijing Miyun Taishi Village and currently produces 1-1.5 million tonnes/year of limestone, which is used for general construction in the Beijing area. Zhang Guofeng is equipment manager for the firm and said, “Business is good because the market is not affected by the downturn.”
  • Fayat: striking a balance between contracting and manufacturing
    June 18, 2025
    The FAYAT Group is looking ahead with new technologies
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth