Katie Cordrey
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In May, the Chinese automaker Changan will be offering its self-developed hybrid-power Jiexun-HEV sedan. Changan supplied hybrid-drive cars as taxis for the Olympic Games at Beijing. The taxis used European-supplied electronics for the “mild hybrid” drive. The new Jiexun-HEV is the first production run of the vehicle using an all-domestic hybrid drive system. Ford and Changan are in negotiations to develop a fully-electric car for the US market. China has set the goal of becoming a major world hybrid and EV producer within the next three years. I’m betting they’ll do it.  China’s intention, in addition to creating a world-leading industry that will produce jobs and exports, is to reduce urban pollution and decrease its dependence on oil, which comes from the Mideast and travels over sea routes controlled by the United States Navy.
(cnbc)References: cnbc Filed In: |
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