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Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Official figures for vehicle production and sales are scheduled for release next Monday. Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry.
“Measures aimed at spurring innovations that will increase the electrification of road transportation, such as those announced today, are to be welcomed as extremely good news for the autoindustry as well as for society. .
Automakers unveiled more than a dozen production-ready, plug-in electric and hybrid electric vehicles at the Detroit auto show earlier this month, many of which will be on dealership lots between 2010 and 2012. While it is not the first time a future of electric cars has been on the horizon, industry experts say this time its for real.
The autoindustry is now gearing up to hash out those standards at the SAE conference in Detroit next week — and GM has a major stake in getting them out swiftly. According to GM, the updated standard can be expected by the end of the summer — just in time, perhaps, for the first production prototypes of the Chevy Volt.
For example, with increasing evidence of genocidal Chinese government towards Uyghur residents, including forced labor camps, the lack of transparency regarding whether any Chinese EVs benefit from such labor prompts me to deduct 1 production point from China (out of ~25 it had earned). Domestic market not shabby either.
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