China accelerates electric vehicle dream

_DSF3854China’s electric vehicle (EV) market is in pole position to become the first nation in the world to realize the EV era, Tony Chen, China Regional Manager with SUD-Chemie, said at a forum in Beijing on Tuesday.

“China can no longer depend on traditional energy for its rapid growth and the nation’s oil dependency exceeded 50 percent, so EV development in China is a nationally strategic choice for the country’s energy security,” Chen said at the 2nd EV Li-ion Battery Forum 2010.

[Source & read more: China Daily]

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30 August 2010 Industry News

 

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