Recent stimulus measures have breathed life back into China's electric car market, and the four-door Denza - a new EV from a Daimler-BYD joint venture - is poised to capitalise on it. Mercedes-Benz parent company Daimler is pinning hopes of sustained growth in the Chinese electric vehicle market on a series of new government-backed stimulus measures. These aim to make EVs more attractive than their traditional petrol-engined offerings, suggesting that such actions could also be necessary to improve the sales viability of zero-emissions vehicles in Europe as well. There are moves by the central Chinese government to extend financial incentives on EVs in cities affected by worsening pollution levels and support a motion that is set to pour ￡9.6 billion into the establishment of a common charging infrastructure. These moves have provided impetus to a fledgling EV market, which until recently had showed signs of stagnating before its latent potential had been tapped.
展开▼
