Monday, August 23, 2010

China to Invest Billions in Electric and Hybrid Cars

"The Chinese government announced a plan to invest nearly $15 billion to support electric and hybrid car development. The plan aims to put millions of electric and hybrid energy vehicles on the road over the next few years in the world’s biggest auto market."

Meanwhile, here in the US, the reactionary Republican party plans to block any and all legislation aimed at reducing oil consumption. Just wait a  few years. They will be the first to complain about Chinese domination of the international market for 'green' vehicles.
READ the article at The NYT via Repower America.

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