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A newer and better article on EVs in China: https://fortune.com/longform/electric-car-auto-industry-china/ https://fortune.com/longform/electric-car-auto-indust
by gniv 7y ago
A newer and better article on EVs in China: https://fortune.com/longform/electric-car-auto-industry-china/ https://fortune.com/longform/electric-car-auto-industry-chin...
An interesting tidbit from this article:
"One direct result of the meltdown was the Obama administration’s 2009 economic-stimulus plan, which included billions of dollars in support for U.S. clean-energy industries. That spending plan caught the attention of Beijing. And it led, in 2009, to what Ouyang describes as a “strategic discussion at high levels” in the Chinese government about how the country should proceed with its own clean-technology push. China’s State Council, the country’s top policymaking body, ultimately announced nine “strategic” industries, one of which was electric cars."