China readies million-per-year EV production capacity
Last updated Oct 17, 2010 — 14 viewsChina’s electric vehicle production capacity will reach one million units per year by 2020, a senior Chinese official forecast this week, according to a story published by the Xinhua News Agency.
Quoting from the Xinhua story…
“As the world’s largest auto market, new energy vehicles are key to the development of China’s auto industry, said Minister of Science and Technology Wan Gang…”
“Twenty-five Chinese cities have joined a pilot program co-sponsored in 2009 by the Ministry of Science and Technology, Ministry of Finance, National Development, and Reform Commission, and Ministry of Industry and Information, to promote energy-efficient and new-energy vehicles…”
“The project aims to replace public transport vehicles with electric vehicles to support the development of electric vehicle industry, Wan said….”