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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

and Chery Automobile Co. and Chery Automobile Co. Some of the new and updated models, such as a battery-powered version of Geelys Panda hatchback, may hit the market as early as October, and in some cases they might carry price tags low enough for farmers and other rural residents with limited financial means. in late 2010.

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Report: BYD Plotting New EV Factory in Mexico

The Truth About Cars

That particular model starts at the Chinese equivalent of $14,000 on the domestic market. Of those, Chinese vehicles accounted for more than 120,000 , a gain of 60 [percent], business newspaper El Financiero reports. CEO Elon Musk has indicated the new Mexican factory will be a mass production hub for low-cost EVs.

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