More Taxi Are Acted by Electric Vehicle Instead of Gas Vehicle in China

In 2015, global and Chinese electric vehicle markets were still in the accelerated growth phase; wherein, the global electric vehicle (EV & PHEV) sales volume reached 549,000, increasing by 72.83% year on year; China sold 331,100 electric vehicles, with a year-on-year surge of 343%. From January to February of 2016, the sales volume in China totaled 35,700, going up 1.7 times year on year and marking the sustainable growth. Affected by multiple factors such as environmental requirements, new technologies and business promotion, the future global and Chinese electric vehicle markets will maintain a rapid development pace. Global and China's sales volume is expected to exceed the 2 million mark in 2019 and 2020 respectively, and China will become the world's leading electric vehicle (EV & PHEV) market.