Revenge of the Electric Car
JUNE 1, 2010
All-electric e6 vehicles made by BYD charge up in Shenzhen, where the cars are used as taxis. Auto industry executives said the subsidies are likely to apply only to vehicles produced in China, although that wasn’t clear from the government notice. BYD is in position to benefit from China’s electric-car subsidies.
Revenge of the Electric Car
MAY 17, 2010
Similarly, in China, the sheer size of the auto industry and the country’s ambitious clean-energy goals suggest a potentially huge market for electric cars. China overtook the US last year as the largest auto market in the world. Still, Chinese auto-makers hesitate to mass-market their electric models domestically.
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