China set to top electric car market

07/12/2015

electric cars chinaElectric car sales in China are expected to reach 220,000 to 250,000 this year, putting it ahead of the US for the first time the Chinese Association of Automobile Manufactures (CAAM) is forecasting. 
Worldwide and US sales will hit 600,000 and 180,000 respectively, CAAM’s Deputy Secretary Xu Yanhua, told a conference over the weekend; and although China had achieved rapid development in electric vehicles, quality instead of quantity should be the focus to ensure the sustainable development of the industry. Vehicle safety and the quality of batteries should be carefully examined and supervised, she added.
China’s new energy vehicle sector has seen explosive growth in the past two years, thanks to the government’s support policies including subsidies and tax cuts, with sales surging by 290% year on year in the first ten months of 2016.

 
Source: xinhuanet