(task) GreenBuzz: The electric vehicle acid test

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transportation, electric vehicles, China

> Begin forwarded message:
>
> From: Katie Fehrenbacher <info@greenbiz.com>
> Subject: GreenBuzz: The electric vehicle acid test
> Date: May 16, 2018 at 9:05:08 AM EDT
> To: michael.d.mcdonald@mac.com
> Reply-To: info@greenbiz.com
>
>
>
>
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> By Katie Fehrenbacher
>
> GreenBiz Senior Writer and Analyst
>
> That giant sucking sound you hear in the electric vehicle market is China. It's hard to talk about a global EV industry and not mention both the world's largest car market and the world's largest electric vehicle market.
>
> The country has used vast incentives and mandates to support both a domestic market and a domestic industry, which can access low-cost capital to build the necessary manufacturing plants in various Chinese cities. Anyone who has followed Tesla or any of the independent EV makers that have gone before it knows how capital-intensive EV factories can get. Yikes!
>
> Tapping into Chinese government incentives has helped propel BYD, which I profiled this week <http://go.greenbiz.com/f00IS0T0XC00xJ0dNVYvg04>, into the world's largest EV maker by volume sold in 2017 (according to data from Bloomberg New Energy Finance). While the competition is starting to come on strong (and the government incentives are slowing down), BYD has been able to produce a slew of passenger EVs for the Chinese market, as well as medium- and heavy-duty electric buses and trucks.
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> To get a feeling for just how dominant China is in the EV equation, take electric buses. It's something BYD is particularly excited about.
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> BNEF says that China accounts for 99 percent of all electric bus sales currently ... and will continue to do so for the foreseeable future until at least 2025! Think about that: there's a bunch of companies focused specifically on U.S. EV bus fleets, and that's less than 1 percent of the world market.
>
> China's EV dominance is the reason why Tesla is so keen to crack open the Chinese market. This week it was reported <http://go.greenbiz.com/z0dX0ST0004JVDIxNgw0Y00> that Tesla set up a wholly-owned subsidiary in Shanghai, creating another step toward building a factory to make EVs in China.
>
> The world's biggest electric vehicle company you've never heard of <http://go.greenbiz.com/f00IS0T0XC00xJ0dNVYvg04>
> <http://go.greenbiz.com/f00IS0T0XC00xJ0dNVYvg04>
> By: Katie Fehrenbacher
> Why BYD is a BFD.
> Read more <http://go.greenbiz.com/f00IS0T0XC00xJ0dNVYvg04>
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> Transportation Tech
> Charging up: Concerns about EV's quick growth abound <http://go.greenbiz.com/DNF400y0YJX00I0xTV0g0Sd>
> <http://go.greenbiz.com/DNF400y0YJX00I0xTV0g0Sd>
> By: Corey Cantor
> As electric vehicles grow in use and popularity, the infrastructure to support them is still up in the air.
> Read more <http://go.greenbiz.com/DNF400y0YJX00I0xTV0g0Sd>
> Here's what would drive even more electric buses into U.S. cities <http://go.greenbiz.com/hTgxG4J00N000dSIV000YzX>
> <http://go.greenbiz.com/hTgxG4J00N000dSIV000YzX>
> By: Katie Fehrenbacher
> Diesel buses prepare to die.
> Read more <http://go.greenbiz.com/hTgxG4J00N000dSIV000YzX>
> Where it makes sense for fleets to go electric <http://go.greenbiz.com/TAVNI0g0x000XJH00T4dSY0>
> <http://go.greenbiz.com/TAVNI0g0x000XJH00T4dSY0>
> By: Katie Fehrenbacher
> For fleet managers, the decision to buy electric trucks and vans to move goods can be a complicated one.
> Read more <http://go.greenbiz.com/TAVNI0g0x000XJH00T4dSY0>
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> State of Green Business Report 2018
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