The Traderszone Network

Published in TZ Latest News 6 December, 2015 by The TZ Newswire Staff

China forecast to become world’s biggest electric car market

China is forecast to become the world’s biggest electric car market this year, with sales estimated at 220,000 to 250,000 vehicles, the official news agency Xinhua said on Sunday, quoting the China Association of Automobile Manufacturers. Worldwide electric cars sales are expected to increase to 600,000 this year, association deputy secretary-general Xu Yanhua told an industry conference. China is tipped to surpass the United States as the world’s biggest electric car market, she said, putting the U.S. market at an estimated 180,000 vehicles.