Why China Leads the World in Electric Vehicles

In 2016, almost 95 million autos were made and sold globally, nearly all powered by an internal combustion engine (ICE). For the past 100 years, internal combustion engine (ICE) powered vehicles, and readily available oil supplies have dominated autos. The winds of change are blowing, however, and many believe that the $2.0 trillion global auto industry is about to undergo a significant transformation as all-electric vehicles (EVs) begin to replace ICE vehicles.

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Q1 Update: Mixed Results For Vehicle Sales In China

While vehicle sales in January and February are always problematic due to the timing of Spring Festival in China, a number of additional cross currents were at work this year.

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Bicycles Are Back In China

More than three million shared bikes can now be seen in over 40 Chinese cities. From a standing start at the beginning of 2016, there were an estimated 18.9 million bike-sharing app users in China at year-end, a number that is expected to triple in 2017.

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An Inflection Point In The Global Electric Vehicle Industry?

By any definition, the global electric vehicle (EV) industry appears to be at an inflection point. UBS, a large securities firm, believes that significant change is on the way and predicts that a growing global electric vehicle fleet will be disruptive to gasoline demand by 2031.

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China Autos: 2016 Wrap and 2017 Prospects

2016 turned out surprisingly well for China’s automakers. Among other factors, auto sales benefitted from the cut in the purchase tax on small cars initiated by the Chinese government in the final quarter of 2015 to boost flagging demand. The resulting surge in sales carried over into 2016, and when rumors surfaced later in the […]

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Managing The Dragon’s 2017 China Predictions

Ever since MTD began making China predictions in 2009, the state of China’s economy has been a major question mark. For that reason, I have felt compelled to throw my hat into the ring and make my own prediction for the growth of China’s gross domestic product (“GDP”).

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MTD’s 2016 Predictions: How Did We Do?

As in past years, MTD made its predictions for 2016 last January, and it is now time to grade our paper.

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Tesla, Trump, and China

After nearly quadrupling in 2015, sales of New Energy Vehicles (NEVs), which includes plug-in hybrids (PHEVs) and pure electric vehicles (EVs), surged by 82.2 percent to 337,000 units in China during the first 10 months of 2016. This does not include the 700,000 low-speed electric vehicles which were sold during the same period and which are […]

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China’s Crowded Auto Industry

By any measure, China’s auto industry is crowded.

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Happy Thanksgiving to MTD’s Readers

Having lived in China for the past 24 years, one question I’m frequently asked is: “What about the United States do you miss most?” For my wife and me, the answer to that question is easy—the holidays. On the Fourth of July, Memorial Day, or Labor Day, when everyone in the States is taking a […]

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