Report: Electric Vehicles Will Become Cheaper Than Diesel Locomotives in 5 Years

The coal-fired power generation units with sub-300,000 kilowatts that failed to meet the standard were phased out. In 2018, 4 million kilowatts of coal-fired backward production capacity was shut down. The ultra-low emission and energy-saving transformation of coal-fired power plants will be intensified. The qualified units in the central region will complete in 2018 and the western region will complete in 2020. In accordance with the principle of equal treatment with public power plants, we must resolutely regulate the planning, construction, and operation of coal-fired power plants. Relevant departments in accordance with the division of responsibilities, urge local governments to strictly control the increase of coal-fired power plants in accordance with regulations.

Today Jinchuan Electrolytic nickel (slab) Shanghai quoted 108,000 yuan / ton, barreled pieces of 109,200 yuan / ton, compared with yesterday's 800 yuan / ton, the factory price close to the morning Jinchuan nickel spot market transaction price.

According to the “2018 Electric Vehicle Outlook” report released by Bloomberg New Energy Finance, electric vehicles will become cheaper than diesel locomotives within five years. By the end of the 2020s, electric buses will completely “dominate” their industries. The report said that in 2018, the global sales of electric vehicles will exceed 1.6 million vehicles, compared with hundreds of thousands of vehicles four years ago. The acceleration of sales of electric vehicles was attributed to the decrease in battery costs and government subsidy policies.