Beijing auto show highlights new energy cars
May 2, 2016 Category Automotive, Weekly
Carmakers are expanding their new-energy car lineup in China amid a sales boom driven by the government’s supportive measures. Japanese carmaker Nissan plans to introduce both high-spec and low-spec models for Chinese consumers in coming years, although the demand for expensive electric cars is still weak, CEO Carlos Ghosn said at the Beijing auto show. “In order to be a big player in the Chinese market, we need both high-spec and low-spec models as I believe that the support the Chinese government is giving to electric cars is going to continue and to be stronger,” Ghosn said at an event to unveil the Venucia, a model produced by the Nissan-backed joint venture, Dongfeng Nissan Passenger Vehicle Co. China has been supporting the use of new energy vehicles (NEVs) by providing subsides and boosting government purchases. The government has also pledged to build more charging piles and support battery technology development. U.S. carmaker Ford plans to offer NEVs, including hybrids, plug-in hybrids and pure electric car models. The C-Max model, a plug-in hybrid car unveiled at the Beijing auto show is the first step to providing more choices for Chinese customers, said John Lawler, Chairman and CEO of Ford Motor China. Volkswagen Group also has plans to locally produce 15 NEVs models in China in the next three to five years as it expects demand for the vehicles to see significant growth. “Our estimate is that the new energy vehicle market in China will support 2 million unit sales each year through 2020. We are now planning for 2020 or later,” said Jochem Heizmann, CEO and President of Volkswagen Group China. Chinese carmaker BYD showcased its second all-electric model, the Qin 100. BAIC Group’s new energy car unit also showcased its first all-electric supercar concept model at the show, the South China Morning Post reports.
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