1 . Electric vehicle sales will likely jump over the next two to three years as prices fall and more choices are made available, according to BlackRock’s global head of department investing.
Customers will have more opportunities to move away from traditional combustion engines(内燃机) to electric vehicles and their choices will not be restricted to only certain auto suppliers, Evy Hambro told CNBC’s “Squawk Box ” on Thursday.
“I think we’re at this tipping point of change,” Hambro said. “Over the next two years, we’re going to see price point of entry(入口) drop . We’re expecting to see a big lift in electric vehicle sales over the next two to three years.”
Different countries are at various stages of adopting electric vehicles, depending on regulatory environments and consumer preferences, according to Hambro. For its part, China is leading the way in many new business models around automation and electric vehicles, including in battery technology, he said.
In a bid to curb(遏制) air pollution, Beijing has aggressively pushed for new energy vehicles — that run partially or fully on electricity — through preferential policies, providing subsidies and by exercising its manufacturing(制造) power. It is also exploring autonomous driving technology.
On Wednesday, American chipmaker Nvidia signed separate deals with Chinese electric vehicle start-ups XPeng Motors, Singulato Motors and SF Motors to develop the self-driving technology, despite the ongoing trade tensions between the U.S. and China.
“We’re seeing China increasingly open up to international business,” Hambro said. “We’re now seeing high levels of ownership, majority ownership in some industries. We’re seeing licenses being given out to specific groups ... I think really we’re seeing some change there, maybe some of these trade tensions are starting to soften.” BMW also said Wednesday that it has obtained a license to provide ride-hailing services in the Chinese city of Chengdu, making the German automaker the first foreign company to do so in China. It will face heavy competition from local players including Didi Chuxing and Meituan Dache.
1. How will electric vehicle develop in the next two or three years?| A．Decline in sales. | B．Price fall. |
| C．Decline in ownership. | D．Reduction in suppliers. |
| A．To get high profits. | B．For transport development. |
| C．To protect the environment. | D．For the development of the city. |
| A．By making a comparison. | B．By giving an example. |
| C．By telling a story. | D．By asking questions. |
| A．New Development Trend of Electric Vehicles in China |
| B．Electric Vehicle Technology Looks Forward to New Progress. |
| C．New Trends of International Electric Vehicle Trade. |
| D．Electric Vehicle Sales to ‘See a Big Lift’ Over the Next 2 to 3 Years. |
