China is pushing electric vehicle adoption urgently as part of efforts to deal with pollution. Beijing has a target of a seven-fold increase in the sales of the so-called new energy vehicles and is considering a ban on gas guzzlers. Still, the subsidies for new energy vehicles are planned to be phased out by 2020, which means that local and international EV makers have less than three years to find ways to survive on their own without subsidies.
In this challenging market climate, leading EV decisionmakers continue to choose the GVC as their main platform for industry dialogue.