China is pushing the development of EV/HEV

According to RolandBerger Source:China is actively developing a domestic market for electrified powertains- at least 15% EV and PHEV to be expected in 2020.

• The Chinese Government launched many new energy policies in recent


• China realized that they can not close technology gap in internal

combustion engine based mobility soon – focus new energy

• With the "Automobile Industry Revitalization" the government defines

imported steps towards "New Energy Vehicles"

• According to recently published Auto Industry Revitalization Plan, new

industry policies will likely bring substantial fiscal policy

• The MOST and MOF already gave out a circular on subsidy in 13 Tier1

and Tier 2 cities, in order to industrialize the PHEV/EV vehicles technology:

EUR 6,800 for battery electric vehicles

• We expect EV infrastructure in 2020 to cover cities having > 1.000 USD

GDP/capita – that accounts for 46% of total PV sales

• Domestic EV and PHEV sales volume are expected to exceed 15% (1,6 m.

units) in 2020 – significant upside in 3-wheelersat le

(Source: Roland Berger 090421_PT2020_E-Mobility_CHINA_Study.PPTX 5)

ZAP press conference to Chinese media

ZAP, a U.S. electric vehicle pioneer, is hosting a press

conference on Wednesday, April 21, Yves Saint Laurent Shoes at 2 PM to introduce its design and engineering expertise to the Chinese media as well as outline production plans

to bring allelectric vehicles to the Chinese market.

IntraLinks, the leading provider of critical information exchange

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