"... Ford Motor Co. (F) may make electric cars with its partner in China as the auto industry moves toward producing more fuel-efficient vehicles, Chief Executive Officer Alan Mulally said. ...
Mulally, who was in China to attend the groundbreaking ceremony of an engine transmission plant at its venture with Changan Automobile Group, didn’t provide a schedule for building electric cars.
Rivals Daimler AG (DAI) and General Motors Co. (GM) have announced plans to add alternative-energy vehicles in China as the country, the world’s largest polluter, seeks to reduce emissions.
The government aims to have 1 million electric- powered vehicles on the road by 2015, according to the Ministry of Science. ..."
From:
http://www.bloomberg.com/news/2011-...s-in-china-with-partner-ceo-mulally-says.html
Billy T comment: I bet the US has less than 10% of that on the road by 2015 start. In another Email, I read today told China will spend 2 trillion yuan on "green energy" in this 5 year plan. (It just started a few months ago.)
Later by edit - I found that link about 2 trillion "green yuan":
"... TIANJIN - The Chinese government will invest 2 trillion yuan ($313 billion) in the area of green economy and low-carbon development in the next five years, cutting 16 percent of per-unit GDP energy consumption compared to 2010, a senior official from China's top economic planner said on Saturday. …
During the Eleventh Five-Year Plan period (2006-10), energy consumption per-unit GDP had decreased by 19.1 percent. And carbon dioxide emission was cut by around 1.5 billion tons.
By the end of 2015, per-unit-GDP energy consumption of China will drop by 16 percent over 2010, and the average input-output ratio for resources is expected to jump by 15 percent, Xie stressed.
From:
http://usa.chinadaily.com.cn/business/2011-09/25/content_13787036.htm