The Electric Car, or MPG "what me worry?" Message Board

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Technology Stocks : The Electric Car, or MPG "what me worry?"

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From: Eric	12/21/2017 8:52:33 AM
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Global EV Sales Up 63% In Q3 Thanks To Surge In China 19 hours ago by Mark Kane 6 Comments Tesla Model S and X at Supercharger Surprising absolutely no one, plug-in electric vehicles are the quickest growing branch of automotive industry today … and it has been that way since they were re-introduced to the world at the beginning of this decade. However, in the third quarter of this year, sales increased by 63% year-over-year – to more than 287,000, at least according to the Bloomberg New Energy Finance report. Sales of New Energy Vehicles in China – October 2017 The growth compared to second quarter is also fairly tangible at 23%. BNEF states (again, fairly obviously to anyone following the segment) that China is the largest EV market fueled by significant incentives, which has lead more then 1 of every 2 plug-in sales coming from the region. 91,000 New Energy Vehicles were sold in China in October, including roughly 66,500 light vehicles – see report. Europe finds itself in 2nd with a 24% share, while the North America – once the first – is now is third. insideevs.com source: The Straits Times

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