Albany, NY -- (SBWire) -- 09/19/2019 --Favorable purchase subsidies and upsides for buyers of NEVs and the deployment of mammoth car fleets have triggered development in new energy cars. Meanwhile, China's tenacity to surmount foreign vehicle manufacturers and rule the roost in the next generation car industry have provided leeway for protectionism. These insights are according to the intelligence report, titled, "New Energy Cars—China—May 2019," which has been of late added to Market Research Hub's (MRH) ever-expanding armamentarium. Big cities in China, such as Shanghai, Beijing, and Guangzhou observed frequent hostile weather owing to air pollution from vehicle emissions. With China's dependence on oil imports spurting, China has been strongly boosting NEV industry and has been witnessing robust growth from both market and technology facets. Meanwhile, countries such as Germany that have an established automotive industry are subsidizing R&D and framing a niche market to enhance the technical performance of NEVs. In technology arena, though there are a few of multistage differences for plug-in HEVs and hybrid electric vehicles between China and other countries, they have all witnessed a process from vehicles with an ICE to hybrid electric vehicles to plug-in HEVs, and from plug-in HEVs to BEVs. As such, full-electric vehicles (BEVs) along with plug-in HEVs vie to curb human-induced climate change.
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New Energy Cars—China—May 2019: Report Content
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New Energy Cars—China—May 2019: Research Methodology
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New Energy Cars-China-May 2019: Amid Dependence on Oil Imports China Boosts NEV Industry