Is China becoming ground zero for hybrid vehicles?
According to CNNMoney, GM plans to introduce hybrid cars to the Chinese market by 2008 and is exploring options with its partner, SAIC Motor Corp.
This is the third hybrid development to occur in China. Earlier this year, Volkwagen and Toyota announced that they would also be building hybrids in China.
Many auto analysts believe that future success for most major automakers will ultimately be determined by success in China. Recently, high energy costs and severe pollution have pushed China to become very interested in clean, fuel efficient technologies. Hybrid success in China, therefore, could have much more impact on automakers than hybrid success in America.
Hybrid success in China would lead to cheaper hybrid parts and cheaper hybrid vehicles in all markets - possibly much sooner than expected. While America has been seen as the key to the development of hybrids, China could change everything.
This is the third hybrid development to occur in China. Earlier this year, Volkwagen and Toyota announced that they would also be building hybrids in China.
Many auto analysts believe that future success for most major automakers will ultimately be determined by success in China. Recently, high energy costs and severe pollution have pushed China to become very interested in clean, fuel efficient technologies. Hybrid success in China, therefore, could have much more impact on automakers than hybrid success in America.
Hybrid success in China would lead to cheaper hybrid parts and cheaper hybrid vehicles in all markets - possibly much sooner than expected. While America has been seen as the key to the development of hybrids, China could change everything.
Labels: GM, Hybrid Vehicles, toyota
posted by Dahcredyns at
10:15 AM
0 Comments:
Post a Comment
<< Home