• Login
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
Times of Pakistan
No Result
View All Result
Home Technology

Chinese market electrifying for ‘green’ cars

ToP by ToP
February 8, 2016
in Technology
0
green' cars

Chinese market electrifying for 'green' cars

0
SHARES
9
VIEWS
Share on FacebookShare on Twitter

Government subsidies are fuelling a boom in electric vehicles in China, driving hopes for the industry’s global future as the world’s biggest car market offers economies of scale that could make the technology mainstream. 

[contentblock id=2 img=gcb.png]

Sales of electric cars, though still modest, have rocketed four-fold in a year — thanks in part to lavish government handouts — as Beijing looks to cut down on dangerous air pollution that shrouds urban areas.

green' cars
Chinese market electrifying for ‘green’ cars

The sector has been a contrast with the rest of the market for cars in China, where growth has slowed markedly alongside the wider economy. And observers say if carmakers can crack China, with its vast population and burgeoning middle class, the rest of the planet could follow. “If China gets moving on electric cars then that would automatically lower prices and have a favourable ripple effect across the whole world,” said Ernst and Young auto expert Jean-Francois Belorgey. “Pollution levels mean the government has no other choice” than to encourage the development of new energy vehicles, he added. Chinese cities are regularly smothered in a haze of particulates, often far exceeding global health guidelines. While much of the pollution comes from coal burning for industry, vehicle exhausts exacerbate the problem. Only 331,000 of the 24 million new cars sold in China last year were electric or plug-in hybrids. 

[contentblock id=1 img=adsense.png]

Growing public anger has propelled Beijing to act, with central government subsidies of up to 55,000 yuan ($8,400) for buyers of zero- or low-emission vehicles, which are often matched by local authorities. The government says it wants five million “green” vehicles on the road by 2020 in the country of more than one billion people. Drivers of such cars can also avoid restrictions imposed on heavy smog days, when some cities limit vehicles according to their licence plate. They are also exempt from lotteries for plates several cities have set up in an attempt to cap on the total number of cars. Domestic firms have benefited, with Warren Buffett-backed Chinese firm BYD claiming to be the biggest electric vehicle maker in the world. China’s Geely, which owns Volvo, is another major player, and says it wants to shift 90 percent of its sales to hybrid and electric vehicles by 2020 with the government’s blessing.

Previous Post

Indian Navy takes boat away from Pakistani waters

Next Post

France restricts blood transfusions over Zika virus

ToP

ToP

Related Posts

Elon Musk buys large stake in Twitter, sending stock soaring
Technology

Elon Musk buys large stake in Twitter, sending stock soaring

by Top
April 6, 2022
Microsoft announces Windows 11 with updated UI and Android app Support
Technology

Microsoft announces Windows 11 with updated UI and Android app Support

by Top
June 30, 2021
Facebook, Pakistan work together to Fight Covid Misinformation
Technology

Facebook, Pakistan work together to Fight Covid Misinformation

by Top
June 30, 2021
PHC Lifts ban on TikTok, tells PTA to Ensure objectionable Content is not Uploaded
Technology

PHC Lifts ban on TikTok, tells PTA to Ensure objectionable Content is not Uploaded

by Top
April 1, 2021
Nasa Releases Mars Landing Video, Calls it ‘stuff of dreams’
Technology

Nasa Releases Mars Landing Video, Calls it ‘stuff of dreams’

by Top
February 27, 2021
PTCL Group Conducts ‘successful 5G trials’
Technology

PTCL Group Conducts ‘successful 5G trials’

by Top
February 12, 2021
Fake Social Media Accounts Irk Senate Panel
Technology

Fake Social Media Accounts Irk Senate Panel

by Top
February 10, 2021
Next Post
Zika Testing

France restricts blood transfusions over Zika virus

Popular Stories

  • Nausheen Shah faces backlash and attacks for her post about being unmarried in Pakistan

    Nausheen Shah faces backlash and attacks for her post about being unmarried in Pakistan

    0 shares
    Share 0 Tweet 0
  • Bare-Chested Tribal Women Greets Kate Middleton On Royal Tour In Solomon Islands

    0 shares
    Share 0 Tweet 0
  • Should’ve bought the bigger size? Angela Simmons struggles with her teeny bikini

    0 shares
    Share 0 Tweet 0
  • Sikandar Jatoi arrested from SC premises

    0 shares
    Share 0 Tweet 0
  • 10 Most Attractive Female Armed Forces

    0 shares
    Share 0 Tweet 0
Times of Pakistan

About Times Of Pakistan

kralbetbetturkeyikimislibahis1xbetm.infohipas.infohttps://www.wiibet.com/restbetcdn.com

Other Categories

  • Beautiful Pakistan
  • Fashion News
  • Funny News
  • Viral Videos
  • Weird News

Recent Posts

  • Colors of state media’s electronic banners, websites’ logos changed to mourn UAE President’s demise: Marriyum
  • PM orders immediate restoration of NCOC after detection of Omicron’s sub-variant
  • Present govt does not believe in restrictions on media freedom, controversial PMDA abolished: Marriyum

Times Of Pakistan © 2021. Design & Developed by E2E Solution Providers.

No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In