Electric car domination in 2025-2030

August plug-in car sales record in the U.S. of 36,380 (up 120% year-over-year). This was 2.4% of the overall 1.5 million August US car sales.

93,000 plug-in electric cars were registered in August in China. Overall car sales are down in China. The PEV had a 5.2% market share of overall 1.79 million August China car sales. The 2018 share rose slightly, to 3.1% share which is well above the 2.1% of 2017.

China is calling for the production of 2 million electric vehicles (EVs) a year by 2020, and 7 million a year by 2025. By 2025, electric vehicles would be 20% of total new car production for China.

The BYD Tang PHEV ($40,000 crossover vehicles was the top seller with a bit over 5000 sold in August).

The Geely Emgrand sedan was the number 2 EV car in China in August.

China’s government said it was working on a timetable to phase out fossil-fuel powered vehicles. It is probable that China will pick 2030.

Nine countries and a dozen cities or states have announced plans to ban diesel or gasoline cars. Copenhagen mayor Frank Jensen wants the city to end all new diesel cars starting next year. December, 2017, Paris, Madrid, Athens and Mexico City said they would remove diesel cars and vans by 2025. Norway will phase out conventional cars by 2025, France in 2040 and the United Kingdom in 2050.

California wants to stop making and registering gasoline cars by 2040.

Nissan has a target of 1 million electric vehicles and hybrid sales by 2022. Nissan expects that electrified vehicles – including electric vehicles and e-POWER models – will make up 40% of the company’s sales in Japan and Europe by 2022 and 50% by 2025. In the US, the expectation is about 20-30% by 2025, while in China it’s 35-40%.

In 2017, Volkswagen Group said they plan to launch 50 new fully electric models by 2025. Volkswagen’s target of 3 million electric cars a year by 2025.

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