
China has announced that it will increase its subsidies for electric vehicles as part of scheme to minimize air pollution.
China has announced that it will increase its subsidies for electric vehicles as part of scheme to minimize air pollution.
The Chinese automotive market grew almost 14 percent in 2013, becoming the first country in history to surpass 20 million sales in a calendar year.
China is quickly establishing itself as the world's largest automobile-driving nation, but it's coming at a cost -- hazardous levels of smog and heavy traffic. In order to stem both, Beijing is slashing the city's new car sales by 40 percent.