China may not be in for a green car boom despite surge in Shanghai EV sales
Published: Tuesday, 23 June 2015
Chinese EV sales doubled last year to 50,000 units, with Shanghai leading the way thanks to government incentives to drive cleaner cars. However, a lack of charging infrastructure and a possible identity problem for brands like Tesla means that the country is not expecting EVs to come close to conventional car sales before the end of the decade.
Chinese sales of plugin hybrid electric vehicles (EVs) surged
280% in the final quarter of last year, according to John Zeng,
director of Asian Forecasting at global car manufacturer, LMC
Speaking at the 7th IM Lithium Supply and
Markets Conference in Shanghai, China, last week, Zheng said
that with the...