31 Dec '16, 7pm

Wanxiang Given OK For Karma Revero Production In China

Wanxiang Given OK For Karma Revero Production In China

The reasons for this EV push by the Chinese government should be easy enough to guess. After all, the country has substantial air pollution problems. Another reason, though, that’s perhaps less obvious, is that as the electric vehicle and self-driving sectors are relatively new ones, it will be easier for the country to capture market share there than to compete against a century of accumulated experience in the internal combustion engine (ICE) segments. And, of course, the electric vehicle and autonomous driving tech sectors are expected to blow up over the coming years, so better to get in on the ground floor.

Full article: https://cleantechnica.com/2016/12/31/wanxiang-given-ok-ka...

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