Chinese automakers seek to lead global electric bus market

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http://english.peopledaily.com.cn/90001/90778/90860/7193177.html

The great scale of the electric bus market has attracted numerous automakers to enter, particularly the emerging enterprises, according to the 25th World Electric Vehicle Symposium and Exposition Symposium and Exhibition held in Shenzhen.

Industrial insiders said the annual new bus demand in China's domestic bus market stands at 400,000 units. If all of these are electric buses, the annual sales of electric buses will top 60 billion yuan. Domestic automakers are all seeking to carve out a share of the huge market.

During the conference, various well-known auto brands from around the world launched their upgraded electric buses to attract consumers. It is known that the global electric vehicle conference that was last held in China 11 years ago attracted attention of many media agencies.

"As electric vehicles do not use motors, the electric vehicle market is the only market segment where Chinese enterprises have opportunities to lead across the world," said Chen Qingquan, academician at the Chinese Academy of Engineering, chairman of the World Electric Vehicle Association and president of the international guiding committee of the conference.

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