Thursday, April 2, 2009

China Vies to Be Leader in Electric Vehicles - NYTimes.com

China wants to raise its annual production capacity to 500,000 hybrid or all-electric cars and buses by the end of 2011.  In 2011 Japan and South Korea together will be producing 1.1 million hybrid or all-electric light vehicles by then and North America will be making 267,000

China is making a virtue of a liability. It is behind the United States, Japan and other countries when it comes to making gas-powered vehicles, but by skipping the current technology, China hopes to get a jump on the next.

Read the rest of the story: China Vies to Be Leader in Electric Vehicles - NYTimes.com

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