New Energy Car Sales Rank Top 10 All over the World
Baic new energy, which sold 4,128 EC series in 2016, made a net profit of 108 million yuan that year. In 2017, 78079 EC series were sold. The company's net profit for that year was unknown, but the net profit for the period from January to October was only 0.39 billion. It would be wrong to say that they were very generous in subsidising their wealth.
Actually, all coutry's governement has subsidary assistant after 2015 Golden Brick Meeting in Hangzhou city, including European countries, Japan, American etc.
China is a big market for new energy car business, can you imagine how many pcs of lithium ion battery cell would be used in new energy car per year?