Forecast The China Electric Vehicle Market To Grow At a CAGR Of 115.84% During The Period 2017-2020
ResearchMoz presents professional and in-depth study of "Electric Vehicle Market in China 2016-2020". China has been aggressive in its efforts to promote EV adoption, primarily to cope with the growing pollution scenario. China was placed at the top of the nations with the most carbon dioxide emissions in 2011. Chinas tremendous economic growth has been riding on the countrys manufacturing sector, which has been a key contributor to the emissions. Apart from the manufacturing sector, industrial segments such as thermal power plants have also contributed largely to the countrys carbon emissions. The share of the transportation sector in carbon emissions has increased significantly in the past two decades. Technavios analysts forecast the electric vehicle charging station market in China to grow at a CAGR of 115.84% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the electric vehicle charging station market...