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EV demand continues to soar
Automotive News China | 2017/12/15

Sales of all-electric vehicles and plug-in hybrids in China surged 83 percent to 119,000 vehicles last month as government subsidies continue to attract buyers.

In November, 102,000 EVs were delivered, a gain of 75 percent from a year earlier, according to the China Association of Automobile Manufacturers. Plug-in hybrid deliveries shot up 154 percent to 17,000 vehicles. 

In the first 11 months, combined sales of EVs and plug-in hybrids surged 51 percent to 609,000 vehicles.

EVs, plug-in hybrids and fuel-cell vehicles qualify for China¡¯s government subsidies. Gasoline-electric hybrids -- such as the Toyota Prius -- do not qualify.

Although fuel-cell vehicles qualify for subsidies, no automaker markets those vehicles in China. 

Beijing, Shanghai and some other major cities have imposed strict restrictions on sales of traditional, gasoline-powered vehicles to goad consumers to choose EVs or plug-in hybrids. 

The central government will introduce a California-style carbon credit trading program in 2019 to force automakers to expand EV production.

With that program, the government expects China¡¯s annual EV sales to reach 2.5 million vehicles by 2020.

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