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China Car Sales Likely Hit New Record in April

Green Car Congress

Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry. China unveiled a support package for the auto industry early this year, cutting purchase taxes for cars with small engine capacities and providing subsidies to rural purchasers.

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Electric Car Watch #4: Toyota is the new Kodak

Plug In India

The entire auto industry has given up on investing in Hydrogen cars. ​So the EU and China might tell Toyota - "Hey Toyota you never bothered to plan for EV’s, and we have Tesla and all these Chinese car companies like BYD, SIAC, XPENG, NIO, WULING, CHERY who will sell us EV’s, we will buy from them.

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