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Electric Vehicles Going For Zero Down Over In China

China, much like the United States, is having issues with large scale adoption of electric vehicles as both personal forms of transportation and also in use in fleets of vehicles such as buses and taxis. Now BYD, a Chinese automotive maker, is hoping to sweeten the pot to get more adoption going by offering zero down payments and other financial incentives on EVs.

BYD, according to China Daily, is trying to push adoption and sales of what is a very aggressive electric vehicle strategy for the company. This new program, which looks to go mostly after taxi and public transport bus offerings, targets a domestic market that already accounts for some 500,000 buses and 1.2 million taxis that collectively consume 1.7 percent of the nation’s motor fuel consumption and have total carbon emissions of some 27 percent.


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