Government initiatives have helped raise demand for clean energy vehicles in China, a report published by www.chinadaily.com.cn points out. Consumer interest in both fully electric vehicles and plug-in hybrids has grown as a result of more stringent emissions regulations being introduced. The report claims that China's intention to become the strictest country for such regulations will see clean energy vehicles become further appealing to consumers. Additional market impetus has been provided by the state's subsiding of domestically produced lithium-ion cells that account for 90 per cent of batteries used in China's e-mobility sector. This significant manufacturing advantage is cited as a major reason why China is leading industry development. Strong market growth has seen the country surge ahead of countries such as Germany, Italy, the USA, France, South Korea, and Japan. Satisfying growing consumer calls for longer battery life will also help manufacturers meet sales targets for clean energy vehicles. Authorities expect fully electric vehicles and plug-in hybrids to account for 7 per cent of sales by 2019 and 19 per cent by 2025.
展开▼