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Chinese EV markets

Originally published on Cleantechnica.
The Chinese EV market saw a 38% year-on-year increase in unit sales in 2013, as compared to 2012, according to the most recent figures — for a total of 17,642 EVs sold in the market in 2013. In 2012, total EV sales were 12,791 units.

Given how enormous the Chinese auto-market is, though, that means that EVs only captured a 0.08% share. Certainly not a significant percentage, to put it lightly.Makes it easy to see why the government there is rolling out better EV subsidies.

Those figures look like they’re going to be easily eclipsed this year, though, as sales this year have quite a bit better — over 7,209 EVs have been sold in just the first four months of the year, for a market-share of 0.11%. With generous corporate and consumer subsidies set to kick-in in the near future, the sales should continue to improve.



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