Let a million EVs bloom
China wants to electrify its car fleet—and lead the global race to manufacture EVs
If, a decade from now, the automotive industry looks back it might see 2018 as the year when battery-powered cars turned a corner and lived up to their hype: not just admirable but pricey curiosities, but genuine competitors for the internal-combustion engine. If so, not one will miss the role China played. India won't have been a laggard either. Under pressure from Chinese regulators concerned about the health consequences of rampant levels of pollution, the world's major automobile manufacturers will from next year unveil the first wave of new electric vehicles (EVs) and their hybrid-powered cousins [HEVs]. They will be cheaper, technologically more advanced than today's models. And while
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