Sentences with phrase «biggest electric vehicle market»

According to Electrek, the nation is now the world's biggest electric vehicle market, with a fleet of over 600,000 electric cars — more than both the U.S. and European markets combined.

China is the world's biggest electric vehicle market, with last year's sales rising 53 percent over 2016 to 770,000 vehicles.

Not exact matches

The market for electric vehicles still has «big transition» ahead, Dan Yergin, vice chairman of IHS Markit, told CNBC.

«I think Tesla, a very good brand in the electric vehicle market, coming into China actually helps the whole electric vehicle market become bigger and become stronger versus the traditional cars,» says Freeman Shen, founder of WM Motor.

High - end electric vehicle maker Tesla Motors Inc (TSLA) said Monday it is cutting jobs in China under a restructuring plan launched earlier this year, after missing a sales target in the world's biggest car market.

It will be the biggest lithium battery factory in the world and is critical to the electric car - maker's plans to begin mass marketing a more affordable line of the vehicles within three years.

1) China's emergence as a dominant player in the low - carbon market, 2) global oil majors» shift to renewable energy, 3) big corporate brands moving to 100 % renewable power, 4) the rise of electric vehicles and expiration dates for gas - fuelled cars, and 5) energy getting smarter through digitization.

The electric vehicle market is tiny, but it's created some very big questions about the future of gasoline demand.

The stock dropped despite China saying overnight that it would lift foreign ownership restrictions on local electric - vehicle ventures, removing a hurdle to the company establishing a manufacturing presence in its second - biggest market.

If it hits the mark, it will be a big milestone for the electric vehicle market.

It's seeking 3 million new - energy vehicle sales a year by 2025, from 330,000 in 2015, when the country surpassed the U.S. to become the world's biggest electric - car market.

SHANGHAI (Reuters)- BMW will start delivering imported electric cars in China in September, with pre-orders indicating short supplies in a market that could become the world's biggest for green vehicles, China president Karsten Engel said on Wednesday.

Nissan has big sales expectations for the Leaf — the Nissan Leaf was the first publicly available all - electric vehicle to be sold in North America and Nissan is hoping to ride on the first - to - market wave a little longer.

Volkswagen will keep expanding Chinese operations and start selling battery - powered cars in the biggest auto market as the country rewards electric - vehicle buyers to tackle air pollution.

We've seen hybrid vehicles — which use a tiny gasoline engine and a big electric motor for power, resulting in high overall fuel mileage — marketed in the United States using two central selling points: that hybrids such as the Toyota Prius and Honda Civic and Insight are economical, getting in excess of 45 miles per gallon, and that environmentally, hybrids are The Right Thing To Do.

Automaker Aston Martin and Canadian parts supplier Magna International are both seeking joint ventures in China to help each break into the world's biggest market for electric vehicles.

While not the automaker's first foray into hybrids or electric vehicles (here's looking at you, Kia Soul EV), the Niro Hybrid is one that's set to go big in its subcompact - crossover market.

And while this might be frustrating to us non-rich people who would love access to plug - in electric vehicles, it seems to confirm Tesla and Fisker's strategy: Enter at the top of the market where people are ready to pay a premium so you can recoup your big R&D; and capital investments, and once you have economies of scale and the technology is more mature, go downmarket.