Other Views for China Hybrid and Electric Auto Markets

English.chinabuses.com: Frost & Sullivan, a global market research company, believes the pace of growth for China’s hybrid and electric auto market has been exaggerated. “While we believe hybrids have a good future, the sales in China's future market have been overhyped,” wrote Tristin Lin, senior consultant of automation & transportation, Frost & Sullivan China. “Hybrid development in China will not change over one night considering the sales were only 2,100 units in total [last year]. It takes time.”

According to Lin, hybrid sales in China will be below 100,000 units in 2015, and electric car sales will remain below 1 percent of the Chinese market as late as 2020.

 

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