Ge Zhinuo: 2020, global electric vehicles account for 10%-25% of new cars

Xinhua News Agency, Tianjin, September 5th (Reporters Chen Wenxian, Lei Wenzhi, Nan Chunxue) Ford Motor Company Vice President, Ford Motor (China) Co., Ltd. Chairman and Chief Executive Officer Ge Zhinuo held here on the 4th The International Forum for the Development of the Automotive Industry predicts that 10% to 25% of all new vehicles worldwide by 2020 will be electric vehicles.

Electric vehicles mainly refer to fully mixed, plug-in hybrid or battery electric vehicles. He said that of the 10−25%, Ford’s full-blended car will account for 70%, and plug-in hybrids will account for 20%−25%.

Ge Zhinuo also said that "a Ford project" is very effective in China. In the first half of this year, Ford sold more than 300,000 vehicles in China, an increase of 53% over the same period of last year, setting a record high for the same period in history. This year, Ford will add 70 more dealers.