China Plans World Leadership in Electric Cars

Chinese leaders have adopted a plan aimed at turning the country into one of the leading producers of hybrid and all-electric vehicles within three years.

Chinese leaders have adopted a plan aimed at turning the country into one of the leading producers of hybrid and all-electric vehicles within three years, and making it the world leader in electric cars and buses after that. Up to 8800 USD subsidies for EV’s will help China create a world-leading industry producing jobs and exports. The plan also reduces urban pollution and decreases China’s dependence on oil that has to be transported from the Mideast over sea routes controlled by the United States Navy.