Frost & Sullivan Prediction: Electric Powertrain Market Share To Grow To 4.2% In China By 2020

Frost & Sullivan predicts that the market share for electric powertrains in automobiles will grow to 4.2% in China by the year 2020. To facilitate the growth of plug-in vehicles, “the Government has provided cash rebates and imposed buying and driving restrictions for target models, including battery, plug-in hybrid and… …read more