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New EV Startups in China Are Not Allowed to Produce Their Own Cars
EV startups in China
China now has almost 500 electric car makers, all thanks to their government’s encouragement for more domestic EV production. It is expected that overall car sales will increase from 28 million in 2016 to around 35 million by 2025. Those 7 million EVs is roughly equal to about 40% of the total vehicles sold each year only in the US today.
However, only eight new carmakers obtained the qualification needed in order to produce pure electric vehicles. Some of the hottest EV startups of the country did not pass the process. In accordance with the rules of Development and Reform Commission and the Ministry of Industry and Information Technology, the manufacturers have to acquire a double certification to be qualified for the production.
The first license needed allows a new EV maker to produce a line of electric cars, while the second one allows them to sell. It’s difficult for startup companies to get both licenses, resulting in partnerships with already established ones. Usually state-owned automakers with long histories.
Xiaopeng Motors founder He Xiaopeng believes, that no Chinese EV startup will be able to deliver more than 10,000 cars by the end of the year.
The global supermarket chain Lidl announced its plans to install rapid electric vehicle charging stations. This project will be for all the new stores in the United Kingdom. Pod point charging stations will be installed in all the new buildings. Additionally, Lidl plans to install charging points to existing stores, adding up to a project …
Here are some of the most affordable electric vehicles for 2021. Renault TWIZY Price starting from €13,976 (£12,049) The Renault Twizy is a two-seat microcar with a range of 120 km (75 mi). It has four wheels but is only 2.3 meters long and just 1.4 meters wide. Twizy has a maximum speed of 80 …
The International Council on Clean Transportation (ICCT) recently released a report on electric vehicle sales around the world. This is an interesting document with some intriguing insights. Over one million passenger EVs were sold around the world in 2017. China led the way with over 579,000 sales. The most sales of such vehicles until today have taken place in …
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New EV Startups in China Are Not Allowed to Produce Their Own Cars
EV startups in China
China now has almost 500 electric car makers, all thanks to their government’s encouragement for more domestic EV production. It is expected that overall car sales will increase from 28 million in 2016 to around 35 million by 2025. Those 7 million EVs is roughly equal to about 40% of the total vehicles sold each year only in the US today.
The first license needed allows a new EV maker to produce a line of electric cars, while the second one allows them to sell. It’s difficult for startup companies to get both licenses, resulting in partnerships with already established ones. Usually state-owned automakers with long histories.
Xiaopeng Motors founder He Xiaopeng believes, that no Chinese EV startup will be able to deliver more than 10,000 cars by the end of the year.
EV startups in China
EV Charging Stations for home, businesses or public places.
One reply to “New EV Startups in China Are Not Allowed to Produce Their Own Cars”
Laimis
Looks promising!
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The global supermarket chain Lidl announced its plans to install rapid electric vehicle charging stations. This project will be for all the new stores in the United Kingdom. Pod point charging stations will be installed in all the new buildings. Additionally, Lidl plans to install charging points to existing stores, adding up to a project …
The most affordable EVs for 2021
Here are some of the most affordable electric vehicles for 2021. Renault TWIZY Price starting from €13,976 (£12,049) The Renault Twizy is a two-seat microcar with a range of 120 km (75 mi). It has four wheels but is only 2.3 meters long and just 1.4 meters wide. Twizy has a maximum speed of 80 …
Shanghai the capital of EV sales.
The International Council on Clean Transportation (ICCT) recently released a report on electric vehicle sales around the world. This is an interesting document with some intriguing insights. Over one million passenger EVs were sold around the world in 2017. China led the way with over 579,000 sales. The most sales of such vehicles until today have taken place in …