EVS-25 Update: China Leads EV Incentives
FINAL DAY UPDATE: With all the cool EVs in the ZAP Jonway booth during EVS-25, you’ll be surprised to know that the ZAPPY3 three-wheeled scooter/personal transporter was the big hit! People loved the mobility, looks and fun. Right behind it was the ZAP DUDE electric ATV. In fact, there was a line in the booth for people who wanted to get their photo on them. We definitely scored some major interest in distributing these to many parts of the world. The SUV taxi was not too far behind with people from major automotive suppliers returning to the booth numerous times to show their colleagues. Some inquired about setting up a taxi service in their municipalities, in China, Russia and the EU. It was also a pleasure to welcome the highest level management of ZAP Jonway to the booth: Board Chair, Priscilla M. Lu, Ph.D., as well as ZAP Jonway Co-CEOs Alex Wang and Steve Schneider who attended several business meetings while in Shenzhen.
ZAP Jonway EVS-25 Slide Show – Click Here
We learned a pretty important fact attending some of the presentations at EVS-25 in Shenzhen. China now leads the world in EV government subsidies, with 3,000 yuan per kWh of battery capacity, up to 60,000 yuan per car!! Plus, there are some local governments such as Shanghai and Shenzhen offering an additional 40,000 yuan — that’s 100,000 or about $15,000!! J.D. Power projects that soon 2% of all cars in China to be electric.
There was a great deal of anticipation for the third day of EVS-25 because the Chinese regional delegations would be visiting. Throughout the morning we fielded questions, testing our Chinese language abilities. Again the electric SUV/Taxi played a key role, attracting interest for fleet use as well as taxi use in parts of China. Also there was a great deal of industrial interest for parts and component supply relationships with markets as diverse as Mexico and Hong Kong. It was helpful when ZAP founder Gary Starr showed up to help with many of the technical questions. Have H. David Jones, ZAP’s COO helped respond the growing wave of interest. The general public came in the afternoon, further increasing interest in the ZAPPY3. Also interest in the ZAP DUDE electric ATV from many of the factory workers we met. With interested buyers, we had to continually stress the importance of distribution, service, parts and warranty for expanding the supply and distribution chain, but many still wanted to buy vehicles right on the spot. One woman bought a ZAPPY3 scooter, wanting to make sure she got one with a seat. Later we met some electric vehicle enthusiasts from Europe, some of them inquiring about our fleet XL trucks and Shuttle vans.