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BYD Identifies Shanghai, along with Zhejiang & Anhui Provinces as Second Next Targets for EV Markete
Author: Aftermarket Business
Source From: Aftermarket Business
Posted Date: 2010-11-16
Chinese automaker BYD has identified new target markets in Shanghai, Zhejiang and Anhui provinces for its electric vehicles.
BYD plans to conduct an intensive marketing campaign in the three areas and further grow its existing Shenzhen business.
At the beginning of 2009, four government ministries and commissions jointly promoted the “1,000 New-Energy Vehicles in 10 Cities” program. A few of the pilot cities targeted were Shenzhen, Shanghai, Hangzhou, (the capital of Zhejiang province), Hefei, (the capital of Anhui province) and demand for new energy vehicles is expected to increase.
BYD general manager assistant Li Yunfei admitted that charging stations really are the main barriers to the development of electric vehicles. With the government support a large amount of money will be invested in the construction of charging stations in these area.
According to China’s 12th Five-Year Plan for Electric Vehicles, which has been finalized and will be published next year, the country plans to have one million electric vehicles on the roads by 2015, with combined capacity of approximately 10 billion watt hours.
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