Page 29 - TTG-Taiwan Transportation Equipment Guide 2023-04 Edition

27
Industry News

EU and California of the U.S. have passed new rules to ban sales of gasoline-powered vehicles and encourage the use
of new-energy vehicles.
with 42.3 million units of EVs sold, followed by
Europe with 17.5 million units and the U.S. with 6.9 One of the most notable official rules that will
million units. help boost EV popularity is the the CARB Advanced
Clean Car II laid down by California’s Air Resources
In terms of sales by carmakers during the same Board (CARB) last August, which is designed to
period of time, Tesla continues to be No. 1 brand, ban sales of internal-combustion passenger cars
whose Model Y and Model 3 are the two hottest- and light-duty trucks in the state starting at 35%
sellers in the global market. The runner-up is Wuling by 2026. Experts generally agree that this rule will
of China, whose Mini EV model has proved to be speed up the replacement of conventional gasoline-
sought-after by consumers globally, while BYD has powered vehicles with zero-emission vehicles, or
also maintained a solid presence in the segment EVs, nationwide in the U.S., given that California
with five different EV makes and models squeezing contributes only 8 percent to annual new-car
into the top-10 popular EV model list. sales in the U.S. market yearly, but alone takes
38 percent share of the segment for electrified
More Upbeat News to Sustain EV Market vehicles.

While technological advancements that make for Perhaps the most ambitious government in
EV’s driving experience, battery efficiency, extended the world in the aspect of promoting new-energy
travel range and safety contribute considerably to vehicles roaming on roads, EU this February also
the current prosperity of the market segment, global just passed a new regulation that will completely
governments’ ambition to cut carbon emission phase out sales of internal-combustion vehicles
and ensure environmental sustainability through starting at 2035, when only zero-emission vehicles
establishing an friendly environment to EV owners will be allowed for sale. With the new regulation to
and promoting new-energy vehicles is also a key be put into effect, it is not overstated that Europe
factor. has pumped the strongest growth momentum

China is going to invest over RMB1 trillion in building pole-mounted charging stations nationwide in the next decade.