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China regulates development of new energy automobiles

OK, China, you're on notice. Not by Stephen Colbert, but by the National Development and Reform Commission (NDRC). Oh, and it's not everyone in China, but just "manufacturers for automobiles powered by new energies." What are new energies? Chinaview says it means "hybrid cars, battery electric vehicles (BEV), fuel cell electric vehicles (FCEV), hydrogen-fueled vehicles and vehicles powered by other new types of fuel." Basically, this announcement means that automakers who go green are going to need to make sure their cars are produced in a ... Read more →

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