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

  • Challenges of NMT in Nairobi, Dar es Salaam
    September 13, 2016
    Developing safety for non-motorised transport in East Africa - Shem Oirere writes. Despite increasing national budgetary allocations for the road sector in recent years, governments in East Africa have made very low investments in non-motorised transport (NMT). This is despite the fact that both Kenya and Uganda have recently passed a policy on pedestrian and cycling safety. In Kenya, the County government of Nairobi, the country’s capital, has embraced a NMT policy, while in Uganda the government has passe
    Read More
  • Sandvik makes strategic Chinese acquisition
    May 2, 2012
    Sandvik Mining and Construction has bought Shanghai Jianshe Luqiao Machinery Co (SJL), a major Chinese manufacturer of crushing and screening equipment, which sells its products under the SHANBAO brand.
    Read More
  • Boom in Asian infrastructure investment
    April 5, 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
    Read More
  • Earthmoving machine sales improved
    April 2, 2019
    have increased since the second half of 2017. In particular, in Germany and France the main constraint is a shortage of labour, while in Spain or the United Kingdom the main brake is demand. Sustained dynamics for investments in Central Eastern Europe, with the exception of the construction market in Turkey, going decidedly against the trend compared to 2017. Overall, however, the implementation of EU funds during the 2014-2020 programming cycle has supported construction, particularly civil engineering.
    Read More

Highlighted Content