Damien Ma looks at electric vehicles in China. More generally on the Chinese auto industry:
Consumer demand for autos continues to be robust in China, even after certain subsidies were peeled back. And having a personal car symbolizes something more than just the abstract notion of entering the middle-class. To the average Chinese, a car is a definitive emblem of private ownership in a country where the state still owns the land on which one's home sits (in one recent newspaper poll, 60% of respondents said they planned to buy a car in the next five years).
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