28 Apr '15, 10am

China Tells Automakers To Build Electric Cars – Or Else!

China is the world’s largest and fastest growing car market. Every car maker in the world wants a piece of the action but first they have to please the Chinese government. According to Bloomberg , when it comes to letting foreign manufactures build factories in the country, China says build electric cars – or else! China wants a 28% improvement in average fuel economy by 2020. The only way manufacturers can meet that target is with plug in hybrid or electric cars. It also wants 5,000,000 “new energy” vehicles on Chinese roads by then. That’s about 4.5 million more than there are today.

Full article: http://gas2.org/2015/04/28/china-tells-automakers-to-buil...

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