China E.V. alliance is now a fact
Nearly half of the more than 5 million electric vehicle charging stations expected worldwide by 2015 will happen in China, according to Pike Research.
Six companies have formed China’s first international alliance for promoting the electrification of both private and public fleet vehicles, with a supporting charging infrastructure. The Sustainable New Energy International Alliance at the time, is consisted of three United States-based and three local businesses:
I.B.M. Corporation representing, network information systems and smart grids
Ohio-based Eaton Corporation which specializes in vehicle power systems, charging stations and batteries
Top local companies are lithium-ion battery maker CITIC Guan, electric motor provider Zhongshan Broad-ocean Motor Co. and Beiqi Foton Motor Company, China’s largest commercial vehicle producer.
The group will first design electric buses that use advanced fuel and drive train components. It will study the deployment of clean energy taxis and buses and a charging infrastructure that supports them.
China has already made some progress in developing its electric vehicle industry. In 2008, the central government launched a national campaign aimed at getting 1,000 E.V.’s on the roads in at least 10 cities each year to encourage people to buy electric cars. The campaign was followed in June 2010 with an incentive in five pilot cities – Shanghai, Shenzhen, Hangzhou, Changchun and Hefei.
Experts believe China’s electric and hybrid vehicle market is ripe with activity. With about 35 cars per 1,000 people in China’s 1.3 billion-person population, roughly 80% of car sales are made to first-time buyers, according to The Wall Street Journal. Nearly half of the more than 5 million electric vehicle charging stations expected worldwide by 2015 will happen in China, according to Pike Research.
- New Alliance Including Eaton, IBM, AECOM, and Beiqi Foton to Advance EVs in China (greencarcongress.com)
- Electric Vehicles to Advance in China with Help from New Alliance between Eaton, IBM, AECOM, Beiqi Foton and Other Technology Leaders (eon.businesswire.com)
- The Key to China’s Electric Car Market: Partnerships (nytimes.com)