China Promotes Electric Car In Auto Show


China Promotes Electric Car In Auto Show


The Shanghai auto show held this year gives emphasis to the global trend of making electric cars. Chinese drivers are inclined to purchasing the cars because of the government subsidies for electric vehicles which promotes sales.

Recently, China`s government officials advocated building more electric cars as they impose sales targets for energy-efficient cars. Data showed that the government`s call added financial pressure on some companies due to a significant sales slump. However, it was shown that the sales of pure-electric and hybrid sedans and SUVs increased 60 percent last year to 1.3 million. The sales are half the total sales globally. The global auto sales fell 4.1 percent to 23.7 million...

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Ken Notes: I promise that when China starts to export electric cars we will be amazed at what they have to offer. The Chinese have literally skipped an entire generation of technology to enter the auto business at a point of entirely new technology.

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- - Volume: 7 - WEEK: 16 Date: 4/15/2019 9:13:37 AM -