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China's third-largest automotive group, Dongfeng Motors, recently announced plans to invest a massive chunk of change into development of alternative technology vehicles. The company's future blueprint shows that Dongfeng will invest three billion yuan ($443 million U.S. at the current exchange rate) in an effort to speed up the commercialization of eco-friendly vehicles like hybrids and electrics.

According to a report from China's Global Times, 16 of the countries state-owned companies will meet next week in Beijing to formally announce the creation of the "Association of the Electric Vehicle Industry." The association will work on setting unified standards for electric vehicles (EVs) and hopes to improve upon core technologies to make the nation's EVs more competitive in the global marketplace.

BYD E6 – Click above for high-res image gallery

Image illustrates sources of energy generation within China in 2008

Citizens of which country are most likely to buy – or at least consider purchasing – a plug-in vehicle than any other nation? According to a recent survey conducted by Ernst & Young's Global Automotive Center, China leads the way out of all the countries surveyed. Now, you're probably wondering how this can be and might wonder if the U.S. was excluded from the survey, but that's simply not the case. Not only was the U.S. represented, other major players in the plug-in field were

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