China Hastens the World Toward an Electric-Car Future

10 Oct 2017   China, Electric Cars

There is a powerful reason that automakers worldwide are speeding up their efforts to develop electric vehicles — and that reason is China. Propelled by vast amounts of government money and visions of dominating next-generation technologies, China has become the world’s biggest supporter of electric cars. That is forcing automakers from Detroit to Yokohama and Seoul to Stuttgart to pick up the pace of transformation or risk being left behind in the world’s largest car market. Beijing has already called for one out of every five cars sold in China to run on alternative fuel by 2025. Last month, China issued new rules that would require the world’s […]

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