China will reinstate subsidies for electric car buyers as early as next month, Wang Chuanfu, the CEO of automaker BYD, told Reuters.
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Global market for electric buses expected to see steady growth
According to Pike Research, the Chinese market will constitute the majority of global electric bus sales, while more developed markets will see ups and downs.
Daimler joint venture launches new EV brand in China
The partnership between Daimler and Chinese automaker BYD has launched a new brand called DENZA, which will produce what the Chinese call “New Energy Vehicles” – EVs and hybrids. The very first DENZA, a concept EV, is now on display at Auto China 2012 in Beijing. Shenzhen BYD Daimler New Technology (BDNT) has provided copious… Read more »
Shenzhen adds 1500 EVs to its fleet, and offers massive incentives to EV owners
The Chinese city of Shenzhen announced this week that it will deploy an additional 1000 electric buses and 500 electric taxis, all manufactured by Chinese automaker BYD.
Pike report assesses 10 leading lithium battery firms
Lithium ion batteries – we EV boosters love ‘em (though we wish they could be a bit lighter and a lot cheaper). EV party-poopers hate ‘em, telling anyone who will listen that they’re bound to explode, stop working after a year or two, or maybe even channel mind-controlling signals from hippy Communist aliens. Everyone agrees… Read more »
China eliminates sales tax on EVs
The Chinese Ministry of Finance announced last week that sales of domestically manufactured EVs and fuel cell vehicles will be tax-free in 2012.