Drive for 'Green Vehicles' Hit Roadblock in China
SHANGHAI — Foreign and domestic car makers are struggling to sell environmentally friendly vehicles in China, the world’s largest auto market, even as Beijing pumps billions into clean energy.
China wants five million “new energy” vehicles on the streets by 2020 to ease chronic pollution and reduce reliance on oil imports, but high prices, lack of infrastructure and consumer reluctance are creating major roadblocks.
The number of electric and hybrid vehicles currently in the country is tiny at about 100,000, mostly in government fleets, according to an industry estimate.
|<< PREVIOUS||NEXT >>|
blog comments powered by Disqus