The number of electric vehicles on roads worldwide rose to a record high of 3.1 million in 2017, but more research, policies and incentives are needed to drive further adoption, the International Energy Agency said.
The number of electric cars, including battery-electric, plug-in hybrid and fuel cell electric passenger light-duty vehicles, increased by 57 percent compared with 2016, the IEA said in a report.
China accounted for 40 percent of the global total last year.
An interesting point of view and a very important factor indicated by Jimi Beckwith of autocar. co.uk. Car makers are worried that China’s EV electric sales targets are too strict and have urged the government for more flexible legislation. Car makers from across the industry have written a letter asking China to reconsider its plan to introduce stringent sales quotas for electric vehicles. The Chinese government is planning to introduce quotas that determine how many of each
The rise and rise of the Chinese plug-in electric vehicle (PEV) market is unstoppable, with yet another record performance in December. A total of 102,000 new passenger PEVs were registered last month, up 130% year over year. Yes, that was just December, and it pulled the year-to-date count to over 600,000 units, up 71% compared to 2016. As consequence of this rapid growth, in December, the PEV share hit a record 3.3% market share of the entire Chinese auto market, while the