china electric vehicle invesment

China, the world's largest automotive market, could soon become an electric vehicle (EV) mecca. According to Wan Gang, China's Minister of Science and Technology, the nation's annual EV production capacity could eclipse one million units in less than ten year's time. Gang ...

With the Chinese government recently announcing plans to invest a whopping 100 billion yuan ($14.7 billion U.S. at the current exchange rate) into the development and production of alternative energy vehicles, and with the bulk majority of the ...

China's third-largest automotive group, Dongfeng Motors, recently announced plans to invest a massive chunk of change into development of alternative technology vehicles. The company's future blueprint shows that Dongfeng will invest three billion yuan ($443 million U.S. at the current exchange ...

Jianghuai Auto (aka JAC Motors) is a relatively unknown – at least in the U.S. – Chinese truck and SUV manufacturer that has come forth with huge plans to invest billions to produce a million hybrid and electric vehicles in the near future. JAC Motors announced plans to invest 30 ...