Bloomberg: Chinese Auto Sales June - EV = 5% of New Sales Market

Bloomberg:
http://www.bloomberg.com/news/artic...row-at-faster-pace-on-suv-electric-car-demand

'The more than doubling of sales of electric vehicles stand out as the government accelerates construction of charging points to serve 5 million electric vehicles by 2020. China, which surpassed the U.S. as the largest market for electric vehicles last year, wants sales of what it calls new-energy vehicles to exceed 3 million units a year by 2025.
Electric Vehicles

Deliveries of new-energy vehicles surged 126 percent to 86,374 units in the five months through May, according data on the association’s website. BAIC Motor Corp.’s BAIC E series was top-selling electric vehicle in the January-May period, while BYD Co.’s Tang SUV was the best seller in the plug-in hybrid category.'