April 21, 2012

CHINA ‘CAN STILL LEAD’ IN GREEN CARS



(April 21, 2012)  Despite the lackluster sales of electric vehicles in China, the nation may still become a global leader in the electric vehicle industry if policymakers and manufacturers shift their focus from battery-electric vehicles toward a mid-term perspective concentrating on plug-in hybrid electric vehicles, said the global management consulting firm McKinsey & Co.

The US company's prediction came in its report Recharging China's Electric Vehicle Aspirations released on Friday, which was based on interviews with more than 30 policymakers, industry leaders and experts.