- Electric buses, which have much higher usage than personal vehicles [1]
- China’s sustained and increasingly stronger push for EVs [2]
China is the largest land vehicles market in the world with 30% of global sales, so its moves have a large impact. [3]
When the initial sales prices of EVs become competitive with ICE cars without subsidy, it is likely that Chinese EV manufacturers will push hard to expand markets in developing countries where cost is a major concern. They should have a cost advantage over established global brands. The flip to electric, for new car sales, could be quite rapid then.
[1] https://www.bloomberg.com/news/articles/2018-04-23/electric-...
“The numbers are staggering. China had about 99 percent of the 385,000 electric buses on the roads worldwide in 2017, accounting for 17 percent of the country’s entire fleet. Every five weeks, Chinese cities add 9,500 of the zero-emissions transporters—the equivalent of London’s entire working fleet, according Bloomberg New Energy Finance.”
[2] https://www.bloomberg.com/news/articles/2018-11-14/china-is-...
“The world’s biggest market for electric vehicles wants to get even bigger, so it’s giving automakers what amounts to an ultimatum. Starting in January, all major manufacturers operating in China—from global giants Toyota Motor and General Motors to domestic players BYD and BAIC Motor—have to meet minimum requirements there for producing new-energy vehicles, or NEVs (plug-in hybrids, pure-battery electrics, and fuel-cell autos). A complex government equation requires that a sizable portion of their production or imports must be green in 2019, with escalating goals thereafter.”
[3] http://www.oica.net/wp-content/uploads/Sales-all-vehicles-20...