Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate
Green Car Congress
JULY 5, 2012
However, according to a new report from Pike Research, PEV production will fall well short of the government’s ambitious goals of manufacturing 500,000 PEVs a year by 2015. The Chinese government initially overestimated consumer demand for electric vehicles, and has made adjustments to its incentive policies. BEV/PHEV cars that were.
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