Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / China

Government Calls For Green Car Co-operation

November 2009 | Industry News

The Chinese government is promoting co-operation between domestic carmakers on alternative technologies, with a view to having a 50,000 new energy vehicles on the road by 2011. While BMI believes that joining forces would lower development and production costs, as well as address the well-documented potential for overcapacity in the industry, the main aim is for national producers to be competitive against international

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