China Electric Vehicle Market
According to “China Electric Vehicle Market By Vehicle Type, By Drivetrain Technology, By Charging Infrastructure, Competition, Forecast & Opportunities, 2014 – 2024” electric vehicle market is projected to grow to $ 330 billion by 2024. Growth in the market can be attributed to increasing concerns about rising pollution levels, growing demand for clean fuel running automobiles and increasing affordability of electric vehicles being offered by leading automobile manufacturers in the country. Rising investments by several key OEMs to develop premium quality and more affordable electric vehicles coupled with expanding charging infrastructure would positively influence the country’s electric vehicle market in the coming years.Some of the major companies operating in China electric vehicle market are Yadea Group Holdings Ltd., AIMA Technology Group Co., Ltd, Zhejiang Luyuan Electric Vehicle, Jiangsu Xinri E-Vehicle Co., Ltd, Dongguan Tailing Electric Vehicle Co., Lt...