Electric car plant under construction in China
The Tianjin Qingyuan Electric Vehicle Co. Ltd. (QYEV) is currently building a new electric car plant scheduled to open in late 2007 which will be capable of producing 20,000 electric powered vehicles per year. The 16.5 acre / 6.7 hectare Tianjin based facility is designed to produce cars powered not only by hybrid drive trains, but also by batteries alone and fuel cells. Production, research and development, and a testing centre will all be incorporated into the plant which is expected to cost 165 million yuan (US$21 million).
The QYEV already exports battery-powered minibuses to the United States with shipments expected to rise from 112 in 2005 to more than 500 in 2006. Total electric car exports are predicted to reach 5,000 units to the U.S. plus another 5,000 unites to European and Asian markets by 2011.
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[Source: People's Daily Online]
Reader Comments (Page 1 of 1)
China Law Blog 9:46PM (1/01/2007)
I see China embracing electric cars in greater numbers than the US. Many Chinese cities, with their unbearable traffic, seem ideally suited for electrics. The big question is whether the Chinese consumer will be willing to spend more initially for an electric car.
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Sarah - The Car Enthusiast 2:48AM (1/02/2007)
The more EVs the better - especially on the environment side. This is a smart move by QYEV considering that people around the globe are already getting well-informed about and embracing the EV technology enthusiastically.
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