Doug Vining Cars: made in China

“China has made no secret of its ambition to have a really big and powerful auto industry,” said Michael Dunne, president of consulting firm Dunne Automotive Ltd. in Hong Kong. “China does intend to lead and dominate the electric-vehicle industry.”
The Chinese government sees EVs as its best chance to seize global leadership in an emerging powertrain technology. Cleaning the notoriously smoggy air and reducing a dependency on foreign petroleum are bonuses.
China, already the world’s biggest vehicle market, overtook the U.S. as No. 1 for EVs in 2015. This week’s Beijing auto show will feature 174 EV models, with 124 of them developed domestically. China’s knack for speedy adaptation has put the country in a position to lead the auto industry in new technologies, Toyota Motor Corp.’s China Chief Executive Officer Kazuhiro Kobayashi said.
- Bloomberg
A FuturesForum post (titled: "Cars: made in China") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=260d5835-5e0d-454c-aea3-49e78bcfe02d
Posted: 25 April 2018 at 14:58
Comments by users of MindBullets are those of the authors and are not necessarily shared, endorsed and/or warranted by FutureWorld. All MindBullet content is Copyright FutureWorld International © 2018. All Rights Reserved.