In particular, it hopes to contribute to the spread of new electric vehicles(NEVs) in China, the world's largest automotive market, and the spread of electric forklifts and autonomous carriers(AGVs) in the European Market.
Britain and France plan to ban cars running on gasoline or diesel by 2040, while China, the world's largest vehicle market, is contemplating a similar move.
In China, the world's largest automotive market, increasingly strict environmental regulations have been enacted, including the enforcement of the New Energy Vehicle(NEV) regulations from January 2019.
Healthy demand for models such as the all new Teana and Livina, which were launched in March and April of 2013, is expected to support our sales momentum in the world's largest car market.
China, the world's largest car market, has considered the idea, and in the meantime has imposed some of the planet's most stringent environmental standards.
China has become the world's largest automobile market due to the expansion of motorization, and the importance of environmental conservation and reducing traffic accidents grows year by year.
Sales of new cars in China, today the world's largest automobile market, plunged a dramatic 16.4% in May, making the worst month in the history of the relatively new China auto industry.
But the last time the government cut subsidies it triggered the country's first drop in EV sales on record, exacerbating what had already been the most prolonged downturn in the world's largest auto market.
Problem is, the last time the government cut subsidies, it triggered the country's first drop in EV sales on record, exacerbating what had already been the most prolonged downturn in the world's largest auto market.
They have overtaken the U.S. as the world's biggest car market, they have overtaken Germany as the largest exporter, and they have started doing DNA tests on kids to choose their careers.
In China, which is the world's largest automobile market, robust growth has led to environmental regulations such as the Corporate Average Fuel Efficiency regulations and New Energy Vehicle(NEV) policy, with regulations becoming stricter each year.
With a population of 1.4 billion people, it is the world's biggest car market, the biggest pork eater, the biggest consumer of tobacco- and has more hospitals than any other country.
As the world's largest automotive market and with roughly 28 million vehicles now being produced annually, China is also an important sales market for automated driving technologies.
Takao Asami, Alliance SVP, Research and Advanced Engineering said,‘ China is not only the world's largest auto market but is also at the leading edge of new technologies that will change the face of future mobility.'.
Most of the growth is taking place outside the world's largest auto market- the United States- where vehicle registrations only grew by 0.3 percent between 2009 and 2010.
For China, home to the world's largest auto market, the central government is stepping up support for electric vehicles as part of a broader plan to gain leadership in the technology, cut pollution and reduce energy dependence.
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