The ‘green’ car industry in China is known to have bright prospects. In 2006, at the Michelin Challenge Bibendum held in Paris, China’s ‘Chaoyue’ No.3 fuel cell driven car won four gold medals. The car consumes only 1.03 kg hydrogen for every 100 kilometres. And this has been possible due to five years of hard work of China’s car industry.
As part of its 10th five-year plan, China took the decision to put electric car research and development at the top of its agenda. This took place in 2001. All aspects of electric cars were given special attention including manufacturing, research, development of electric cars, and technology to drive them. Today, electric cars imported from China are ranked among the world’s best.
But this was not the story five years ago. In the last half of the decade, China’s car industry has evolved and how! With new brands, new models, and new production techniques, and new strategies Chinese electric car market has now become one of the top most in the world, competing with the existing global leaders in this industry.
With increasing awareness of the drawbacks and damages caused by petrol and diesel fuelled cars, many countries have adopted policies to encourage R&D of new technologies to replace this traditional option. Electrically powered car is one such technology. With Japan, USA, and EU, investing heavily to develop electrically operated cars and buses, electric cars imported from China will benefit as they will have the advantage of an affordable price tag and a futuristic technology that will make these no emission cars popular.
