Chinese Government Policy Creates Boundaries for Global OEMs


Hybrid-EV - September 22, 2010

The Chi­nese gov­ern­ment would like to see its coun­try become the major mar­ket for elec­tric and hybrid elec­tric vehi­cles. Accord­ing to its stim­u­lus plan, glob­al automak­ers will be required to form minor­i­ty joint ven­tures with Chi­nese man­u­fac­tur­ers to par­tic­i­pate in the mar­ket and gain access to intel­lec­tu­al cap­i­tal built by for­eign automak­ers.

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