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Old 04-21-2011, 02:20 AM   #1 (permalink)
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Default China’s Electric Car Drive: Impressive, But Not Enough ... ank-study/

The World Bank is supportive of China’s plan to spend 15 billion on EV infrastructure, but warns EVs are not a magic bullet for all problems. Basically it doesn’t deal with urban sprawl, and traffic congestion. Yup that’s pretty obvious. I think the Chinese understand that. You have to have a comprehensive transportation plan for walking, cycling and especially mass transit. But people will buy cars, and if they are going to buy cars NEVs (new energy vehicles) are definitely easier on the lungs and the Earth than ICE. And the Chinese are trying to deal with an immediate health issue that is very serious. Anyone watch the summer olympics there? And the thick smog that was present even though the city was on a reduced traffic schedule to avoid that very scenario?

The WB report suggests that Chinese will not be willing to spend top dollar to acquire EVs, unless they are from established luxury brands, which are non-existent among Chinese automakers. Hmm maybe Chinese vanity will help Ford and GM, if those brands are viewed as “luxury” or “high end.”

Right now you can find opinions going both ways as far as China and EVs are concerned. I stand by my post of yesterday. I can think of 16 billion reasons why the Chinese will take the ball and run. That's 15 billion for the EV program and 1 billion Chinese.

Ford and GM better bring their A game or buying American won't be an option for vehicles.

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