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100 mini e-cars a day in China

Discussion in 'News' started by markwj, Apr 19, 2012.

  1. markwj

    markwj Moderator, Asia Pacific

    Joined:
    Apr 10, 2011
    Messages:
    3,661
    Location:
    Hong Kong
    Interesting nytimes article:

    Rural Chinese Flock to Tiny Electric Cars - NYTimes.com

    Take-home for me is that despite huge government incentives, only 8.159 full-sized EVs were sold in China last year (2011). Compare to the mini e-car (50kph top speed) market where Shifeng is making 100 a day! 369,800 RMB for a BYD e6, vs 31,600 RMB (about US$5,000) for a mini e-car from Shifeng.

    The issue is that I suspect what is being displaced is not gas-guzzlers, but bicycles.
     
  2. Lloyd

    Lloyd Active Member

    Joined:
    Jan 12, 2011
    Messages:
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    Location:
    San Luis Obispo, CA
    One million electric cars annually produced by China by 2020!


    http://english.peopledaily.com.cn/90001/90778/90860/7168174.html
     

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