Global Car Giants Betting on Chinese Electric Vehicle Market

Published: Sep 19, 2017 17:29

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Major global car makers have shifted their focus onto China out of optimism over this country’s electric vehicle (EV) market outlook.

SHANGHAI, Sept. 19 (SMM) – Major global car makers have shifted their focus onto China out of optimism over this country’s electric vehicle (EV) market outlook.

China to Set Timetable for Ban Fuel Vehicle Sales

China has made huge investments in EV charging pile construction and encourages development of EVs.

In response, several car manufacturing giants are shifting their main R&D and design work to China.

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