Electric Cars In China
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china is considering providing as much as 100 billion yuan ($16 billion) in government funding to build electric-vehicle charging facilities and spur demand for clean cars, according to two people familiar with the matter.
The policy will be announced soon, said the people, who asked not to be named because the discussions are private. The people declined to provide further details of the plan such as how long the program would last or whether the chargers would be compatible with cars made by tesla motors inc. (tsla)
increased state funding would be a tailwind for carmakers coping with consumer concerns over the price, reliability and convenience of electric vehicles. It would also build on the tax breaks announced by china, the world’s biggest carbon emitter, to fight pollution and cultivate its local ev industry, which includes byd co. (1211) and kandi technologies group inc.
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the zintro blog team+7 Other Responses
Electric Car Manufacturing
Setup electric passenger car factory in china.
Hello,we would like to setup an electric car manufacturing plant in china. Where can i find a company that can partner with us or assist us for designing, developing and setting up the plant manufacturing electric passenger car.+18 Other Responses