Can electric cars break out of niche status in US China market? CSMonitor com

15 Июн 2014 | Author: | Комментарии к записи Can electric cars break out of niche status in US China market? CSMonitor com отключены
Chery Electric Cars

Can electric cars break out of status in US, China market?

a surge in interest, electric may remain niche products in the two largest auto markets. disagree.

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•Nearly people were wait-listed as of for General Motors ‘ model, the Volt, due in November. As of almost 56,000 people had up to reserve Nissan ‘s Leaf, due in dealerships by December.

•In China. leading automakers BYD and have announced plans to out their own electric models the next two years.

•Investors, are excited. Electric-car ventures up nearly 40 percent of $1.9 invested in 180 green-technology companies in the first quarter of 2010, to a study by the Cleantech Group and .

Yet in the United States and China, caution, weak price and concerns over the electrical are slowing the electric car’s If electric cars can’t out of niche status in the world’s two passenger car markets, then a away from gasoline-powered could be delayed. And many buyers are likely to be frustrated by the of available cars.

There is undoubtedly going to be a where demand exceeds for the next few years, due to the trepidation of the that the electric car is not something want, says Marc cofounder of the advocacy group In America.

Take the 56,000 who have signed up for a Leaf. is planning to start deploying it in five states. Total initially available: 4,700.

Other automakers are also cautiously. Bob Lutz. the outgoing chairman of GM, has said the company produce about 8,000 Volts in 2011. BMW ‘s is rolling out its electric car in three

In 2008 the company released a fleet of 450 Mini-E vehicles and is ready to announce its second The third phase will be around 2015.

Similarly, in the sheer size of the auto and the country’s ambitious clean-energy suggest a potentially huge for electric cars. China the US last year as the largest market in the world.

Still, Chinese auto-makers to mass-market their electric domestically. BYD’s all-electric e6 line at the company’s base in was ready for manufacturing in March, but was producing the gasoline-powered F6, according to Binbin, who writes for Caixin a business publication based in .

In the meantime, the company is focused on mass- transit projects, guarantee investment returns. In BYD chief executive officer Chuanfu announced that in the half of 2010 the company sell only 100 e6 cars, to a company in Shenzhen.


Chinese green-car subsidies on

The uncertainty surrounding Chinese for electric cars is tied to Mr. Yang says. The government-run China Daily reported on 8 that the Ministry of Industry and Technology had postponed its plans to incentives for private purchases of new vehicles in March.

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