NEW CHINESE LEADERSHIP BACKS HYBRID PROMOTION
March 1st, 2013
With the dust now settled from last month’s handover of power in Beijing, policymakers responsible for China’s auto sector seem to be plumping for backing hybrids as a stepping-stone strategy to encourage green vehicle use.The initial stage of the much-heralded push to promote so-called new energy vehicles (NEVs), and with them a differentiated technology standard that China can export, is now widely acknowledged to have failed, at least regarding promoting China sales of pure electric vehicles. Axel Krieger, analyst at McKinsey’s Beijing office told ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.