. Military Space News .
CAR TECH
Sales of electric vehicles surge in China
by AFP Staff Writers
Beijing (AFP) Jan 13, 2021

Sales of electric vehicles in China rose 10 percent last year, data showed Wednesday, amid a post-pandemic economic recovery and a push to establish the world's largest auto market as a leader for green technology.

Sales of new energy vehicles -- including all-electric and hybrids -- grew 10.9 percent from a year ago to 1.37 million vehicles in 2020, the China Association of Automobile Manufacturers said.

Total auto sales in China dropped 1.9 percent to 25.31 million vehicles, but the figure was "better than expected," the industry association said.

Aggressive lockdowns to contain the Covid-19 virus hit the industry hard in the first quarter of 2020 but sales rebounded as Beijing brought the domestic outbreak under control.

Investors have flooded into the electric vehicle sector as the Chinese government pushes for new energy vehicles to comprise 25 percent of car sales by 2025.

That push has been accompanied by state-supported incentives, with China deciding in late March to extend the tax exemption for the purchase of electric vehicles by two years.

Beijing in September hosted the world's only major international auto show of the year, with almost 800 vehicles on display.

The exhibition included electric models from makers ranging from Japanese giants Honda and Nissan to Chinese start-ups such as Nio and XPeng.


Related Links
Car Technology at SpaceMart.com


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


CAR TECH
Hyundai shares soar on Apple car talks reports
Seoul (AFP) Jan 8, 2021
Shares in South Korean automaker Hyundai soared Friday on the back of reports it was in talks with Apple for a joint project to manufacture self-driving electric vehicles. Hyundai Motor shares rocketed 19.4 percent in Seoul, with its affiliate Kia also jumping 8.4 percent at the close. The moves came after cable broadcaster Korea Economic TV said the iPhone maker had approached the South Korean company to discuss a potential partnership to develop electric cars and batteries for them. South ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CAR TECH
Congress adds $1.3B to Missile Defense Agency's budget in spending bill

IMDO and MDA complete intercept test of the David's Sling Weapon System

Most Advanced SBIRS Missile Warning Satellite Ready For 2021 Launch

Russian military successfully tests new anti-ballistic missile

CAR TECH
Britain buys SPEAR3 missiles for F-35B fighter planes in $748.3M deal

AFRL demonstrates critical new warhead technologies for high speed weapons

Projectile concept shows potential to extend munition range to more than 100km

U.S., Australia agree to partner on hypersonic missile development

CAR TECH
Air Force moves Reaper drones, 90 airmen to Romania

Iran army announces large-scale drone drill

German government at odds over armed drones

Funding for MQ-9 Reaper drone back in federal budget

CAR TECH
The world's first integrated quantum communication network

France signs agreement to purchase Northrop Grumman's E-2D advanced Hawkeye

BlackSky awarded IARPA contract to develop next generation artificial intelligence platform

BAE nabs $4M to demonstrate new radio system for P-8A Poseidon

CAR TECH
U.S. Marines begin rollout of small-arms suppressors

Tyndall AFB in Florida conducts Weapon System Evaluation Program

Army hits target from 43 miles away with artillery system in works

General Dynamics to build upgraded Abrams tanks in $4.62B contract

CAR TECH
Spain seeks post-Brexit defence agreement with UK

The Bavarian town where US troops are life and soul

State Dept. approves $300M bomb sale to Saudi Arabia

State Department approves possible $4.2B in weapons sales to Kuwait

CAR TECH
NATO chief labels Washington protests 'shocking'

U.S. warships travel Taiwan Strait; China warns against show of force

Turkey will lead NATO's high-readiness force in 2021

Biden nominates first female deputy defense secretary

CAR TECH
Atomic-scale nanowires can now be produced at scale

Weak force has strong impact on nanosheets

Making 3D nanosuperconductors with DNA

Researchers share design for affordable single-molecule microscope









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.