With the drop in sales of electric cars and the sudden increase in the sale of diesel-powered vehicles, China has decided to reduce its investments in the electric industry.
The increase in demand for diesel-powered cars and the decline in electric cars reflects the overall recovery of China's economy and, in particular, its domestic car market. The Chinese government is demonstrating that it wants to be a leader in auto-electric technology and is supporting the industry with subsidies, lifting license plate restrictions and building a robust charging infrastructure for these types of vehicles.
Read also
Electric cars in China
From January to November 2020, sales of 100% electric cars grew by 4,4% compared to the previous year, a figure that contrasts with the 7,6% decline in passenger car sales, according to the Chinese government.
But at the end of 2020 and the beginning of this year, Chinese automakers recorded a 12% increase in sales of diesel-powered cars.
Chinese media reports state that China's car efforts will be reduced by 20% and with regard to the production of buses, taxis and other means of transportation for services the reduction will be 10% China's sudden shift to produce more diesel-powered cars should not affect the market so much according to experts.
China already has 1,41 million charging stations for electric cars
A recent survey from China Electric Charging Infrastructure Promotion Allianceand, shows that in September 2020 the companies that are part of the alliance reported a total of 606.000 active public charging stations for electric cars, an increase of 14.000 points in September 2020 compared to the previous month.
Computing the number of private charging stations, in September this year, the cumulative number of charging infrastructure (public + private) across China was 1,418 million charging stations.
