Companies / China
Government Calls For Green Car Co-operation
November 2009 | Industry NewsThe 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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