Energy News  
CAR TECH
Sales of electric vehicles surge in China
by AFP Staff Writers
Beijing (AFP) Jan 13, 2021

Sales of electric vehicles in China rose 10 percent last year, data showed Wednesday, amid a post-pandemic economic recovery and a push to establish the world's largest auto market as a leader for green technology.

Sales of new energy vehicles -- including all-electric and hybrids -- grew 10.9 percent from a year ago to 1.37 million vehicles in 2020, the China Association of Automobile Manufacturers said.

Total auto sales in China dropped 1.9 percent to 25.31 million vehicles, but the figure was "better than expected," the industry association said.

Aggressive lockdowns to contain the Covid-19 virus hit the industry hard in the first quarter of 2020 but sales rebounded as Beijing brought the domestic outbreak under control.

Investors have flooded into the electric vehicle sector as the Chinese government pushes for new energy vehicles to comprise 25 percent of car sales by 2025.

That push has been accompanied by state-supported incentives, with China deciding in late March to extend the tax exemption for the purchase of electric vehicles by two years.

Beijing in September hosted the world's only major international auto show of the year, with almost 800 vehicles on display.

The exhibition included electric models from makers ranging from Japanese giants Honda and Nissan to Chinese start-ups such as Nio and XPeng.


Related Links
Car Technology at SpaceMart.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


CAR TECH
Hyundai shares soar on Apple car talks reports
Seoul (AFP) Jan 8, 2021
Shares in South Korean automaker Hyundai soared Friday on the back of reports it was in talks with Apple for a joint project to manufacture self-driving electric vehicles. Hyundai Motor shares rocketed 19.4 percent in Seoul, with its affiliate Kia also jumping 8.4 percent at the close. The moves came after cable broadcaster Korea Economic TV said the iPhone maker had approached the South Korean company to discuss a potential partnership to develop electric cars and batteries for them. South ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CAR TECH
Dust from the deep sea provides clues to future wind patterns

Winds of change: German weather maps to herald nation's diversity

Subscriptions to satellite alerts linked to decreased deforestation in Africa

A new TanSat XCO2 global product for climate studies

CAR TECH
China sees booming satellite navigation, positioning industry

Galileo satellites help rescue Vendee Globe yachtsman

BeiDou navigation base in south China targets services in ASEAN

GMV wins major contracts for Galileo Second Generation ground segment

CAR TECH
2020 another grim year for Brazilian Amazon

Alert system shows potential for reducing deforestation, mitigating climate change

Fire-resistant tropical forest on brink of disappearance

Land ecosystems are becoming less efficient at absorbing CO2

CAR TECH
Carbon monoxide reduced to valuable liquid fuels

Energy sorghum may combine best of annual, perennial bioenergy crops

New process more efficiently recycles excess CO2 into fuel, study finds

Scientists develop a cheaper method that might help create fuels from plants

CAR TECH
DoE grant will fund research into solar energy and power grids

Analytical measurements can predict organic solar cell stability

On the road to invisible solar panels

Eight new solar energy sites begin operating in Genesee and Saginaw Counties

CAR TECH
Deutsche WindGuard unlocks complex wind sites with ZX Lidars

Wind powers more than half of UK electricity for first time

ACWA Power signs three agreements for the first foreign investment based independent wind power project in Azerbaijan

Norway launches major wind power research centre

CAR TECH
Japan, South Korea to run with Viet coal plant despite climate vows

Millions facing winter power shortages in China as coal supply squeezed

Poland eyes hard split with coal

Australia says China coal ban would be clear WTO breach

CAR TECH
China's Hong Kong crackdown escalates with mass opposition arrests

China's Hong Kong crackdown escalates with mass opposition arrests

Hong Kong media tycoon Jimmy Lai ordered back to jail

Crowds throng Wuhan, where pandemic began, to celebrate New Year









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.