electric vehicles china

China's third-largest automotive group, Dongfeng Motors, recently announced that it's set to invest a massive chunk of change into the development of alternative technology vehicles. The company's future blueprint shows that Dongfeng will dish out three billion yuan ($459.7 million U.S. at the ...

China's drive to become the worldwide leader in production and adoption of electric vehicles (EVs) appears to be unmatched. With incentives that reach $8,800 per battery-powered vehicle and the government's commitment of more than $14.7 billion for alternative technology vehicles, China may, as ...