China is putting a gun to the heads of its automakers. By 2020, that number would be at around 4 million NEVs. Compare that to half a million plug-in electric vehicles delivered to buyers globally in 2015. In many large cities of China, such as in its capital Beijing, an electric vehicle already is the only real choice if someone wants to buy a new car. China sales of NEVs doubled during the first nine months of this year, but China’s government demands much more.
Source: Forbes November 25, 2016 12:29 UTC