Bright Prospects of China's 'Green' Car Industry
China's Chaoyue(meaning to surpass) No. 3 fuel cell driven car from Shanghai received four gold medals during the Michelin Challenge Bibendum 2006 being held in Paris in June. The four categories of winning class A is in carbon dioxide emissions, emissions, noise and fuel efficiency. The car only consumes 1.03 kg of hydrogen for 100 kilometers.
This was the result of five years hard-work and the application of proper strategic policy in China's car industry.
Starting in 2001, China has decided to put electric car research and development at the top of the agenda of the 10th five year plan key scientific and technological projects. Special attention has been given to manufacturing, researching and developing electric cars, hybrid fuel cars and fuel cell cars.
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Removal of the ban came as pressure mounts on city administrators to tackle horrible traffic congestion, air pollution and possible fuel supply, caused to a large extent by a rapidly growing number of cars on the road. PHOTO: First snow in Beijing Dec. 31, 2005, courtesy of China Daily.
In the first 10 months of 2005, China's exported autos increased 133.6 percent year on year. For the first time, auto exports exceeded the import by 7,000 units, including 105 electric cars exported to the U.S. Photo of Miles ZX-40, an electric car it plans to import from China.
Chinese vehicles will be a threat to established U.S. auto sellers because vehicles from China are likely to be much cheaper than those from Europe, Japan or North America.
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