Demand for electric vehicles in China still low

Article by Anita Panait, on March 6, 2014

Beijing offered 1,666 new-energy vehicle plates in a lottery Wednesday, but only 1,428 people applied for it – indicating the still low-demand for such vehicles in the city. The low demand for energy vehicles highlights the challenges facing local carmakers like BYD in selling electric vehicles in China. BYD’s E6 electric car this month qualified for Beijing’s subsidies.

Chinese consumers have been hesitant to switch to electric cars due to concerns on dependability as well as the lack of charging infrastructure. “This is really brand new stuff and people are still cautious,” said Lin Huaibin, an analyst at researcher IHS Automotive told Bloomberg News. “This situation will last for some time because it takes time to build infrastructure.”

In a bid to manage worsening congestion and air pollution in its territory, Beijing plans to cut the number of new conventional vehicles this year to 130,000 from 240,000. The municipal government has also reserved 20,000 plates for new-energy vehicles.

The city also plans to build 1,000 public quick-charging poles this year, covering the suburbs and city center, according to a report by the official Xinhua News Agency. The lottery results come as Beijing remains blanketed in thick smog, as pollution remains at unhealthy levels for the seventh straight day.

Topics: electric car, china

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

In the minivan segment, the 2017 Chrysler Pacifica is already impressive in terms of fuel economy figures – as rated by the United States Environmental Protection Agency. In fact, the...
by - December 2, 2016
Having a blacked-out Bentley Mulsanne Speed is already menacing by itself but by naming it as the Bamford X, it became all the more imposing. This model was made by...
by - December 2, 2016
We have good news for those who are waiting for the latest version of the Mazda CX-5 compact crossover. It was just unveiled in November at the 2016 Los Angeles...
by - December 2, 2016
Those familiar with racing know that Marco Wittmann’s win during the 2016 Deutsche Tourenwagen Masters held last May was noteworthy as it was his second title in four seasons. In...
by - December 2, 2016
Volvo has revealed that while its products are used by a number of police organizations around the world, it will be the Swedish police that will get the first chance...
by - December 2, 2016
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries