In 2016, China became the world’s largest electric vehicle market accounting for over 40 percent of the electric vehicles sold worldwide. China passed the United States which had the highest electric vehicle sales in 2015. In 2016, China had over 1 million electric vehicles, which was an 87 percent increase over the previous year. They added 336,000 new electric car registrations; this included battery only and hybrid models. Electric vehicles range in price from $6,000 to $200,000 (for the most expensive Tesla model). 1 Like several European countries, China is planning to ban the sale of gasoline and diesel vehicles in favor of electric vehicles at an unannounced date.