China share of passenger vehicle sales by technology and average new vehicle on road Co2 intensity Improvements to the internal combustion engine & the uptake of next-generation vehicles & biofuels lead to a 56% reduction in new-car emission intensity by 2030 Announced national EV and PHEV sales targets in China (21 million electric bike-The Economist, 20%-30% of market share-Mckinsey Co, 500k annual production- The New York times) ICE = internal combustion engine.
Around three-quarters of the projected increase in oil demand comes from transportation. Obviously, it will cause a problem of C02 emission. Introduce EV and PHEV has great potential to significantly reduce the consumption of petroleum and other high CO2 emitting transportation fuels. PRC is already world’s largest auto market in 2009 with sales of 13.6ml , and continue to have double digit growth. This would caused even more pollution problem in cities.
GHG = Greenhouse gas It is targeted to achieve 50% reduction in global energy-related Co2 emissions by 2050. Transport contributes to this overall reduction by 30% by 2050. This reduction is achieved in part by accomplishing 50 million EV and 50 million PHEV per year by 2050. It is assumed that a steady number of new model will be introduced over next 10 years. EV offer the prospect of zero vehicle emissions of GHG, as well as low noise
We assume that strong policies and clear policy, including provision of adequate infrastructure and incentive. PHEVs and EVs are expected to begin to penetrate the market soon after 2010. All major auto manufacturers announced plans to product EVs
Cost of batteries can excluded from the cars and owner just pay the cost of batteries as deposit
http://www.news.gov.hk/en/category/environment/html/db107a19-e10f-4aaa-b6c5-a84d1ba29294.htm Government using hybrid car as their official transportation. The maintenance and repair cost should be nearly the same for normal petrol car. And encourage the use for community. http://www3.news.gov.hk/isd/ebulletin/en/category/environment/090612/html/090612en04006.htm Government using BYD dual mode plug in hybrid car for operation http://www3.news.gov.hk/ISD/ebulletin/en/category/environment/100224/html/100224en04001.htm The Government has procured 10 electric vehicles and plans to buy up to 20 more per year. The Police force has 10 electric motorcycles in its fleet, while Hong Kong's two power companies have placed orders for more than 20 electric vehicles. About 200 electric vehicles will be supplied to the local market in the next financial year. Noting charging stations for electric cars have been built in nine government car parks, Mr Tsang said at least 20 more stations will be built this year. The two power companies have also started building 28 charging stations in various car parks. Firms can enjoy a 100% profits-tax deduction in the first year
Park Island, Transportation Company Limited introduced electric-diesel hybrid buses, the first of its kind in Hong Kong SAR, for our shuttle services. http://www.pitcl.com.hk/eng/html/facilities.htm
Team “Why??” ~ Let’s think “Outside the Box” Electric Car Battery Replacement Station Henry Chow UID: 2008960957 Henry Leung 2008967967 Jacy Wong 1997180071 Kenny Wai 2008968818 Peter Lo 2009960320 Sunny Ng 2008961107
BEIJING—Germany's Daimler AG and China's BYD Co. set up a 50-50 joint venture Thursday to develop an all-electric car for the Chinese market, saying they believe China has the potential to be among the world's largest markets for zero-emission vehicles.
Daimler, owner of luxury-car brand Mercedes-Benz, and BYD, one of China's leading battery and auto makers, are expected to invest a total of 600 million yuan ($87.9 million) in the joint venture, Shenzhen BYD Daimler New Technology Co. The money is to be used as registered capital for the joint venture in the southern industrial city of Shenzhen.