Clean Energy (CLNE)

[pack10]

Thanks for your post. It goes to prove you will believe any article about ZEV vehicles. Even the author isn't sure. "If true"

If true, that means that the auto industry in China will actually overachieve as regards the target set by the government there. The official goals in the country call for the production of 2 million electric vehicles (EVs) a year by 2020, and 7 million a year by 2025 — which would mean that by 2025 electric vehicles account for around a fifth of the total auto production of the country.

As it stands, there were around 424,000 “new energy vehicles” produced in China during the first 3 quarters of 2017 — which represents a roughly 40.2% year-on-year increase as compared to the first 3 quarters of 2016. That data comes from the China Association of Automobile Manufacturers. (“New energy vehicles” is a label which includes electric vehicles as well as conventional hybrids and fuel cell vehicles, not that many of those were sold.)