bladerunner
Banned Idiot
Did you read the thread properly? There are alternative energy research going on in China for both power generation and for cars. In fact, China has among the most extensive level of research and development, no less considered strategic.
Consider for example, the BYD automobile startup, whose founders are claiming that they can revolutionize the hybrid/electric car industry. Might be some fan boy's dream but they are indeed starting to produce cars and have many investors abroad. Warren Buffet himself owns 10% of this venture.
Yes I did , , Im fully aware that China has allocated, quite a considerable amount of money for alternatively powered cars but not withstanding that fact in the absence of any significant acceptance of Chinese made cars in the major Western countries, selling them domestically would be a problem because of the price premium. I noticed in the local press that The electric VW has had little acceptance by the locals because of the price.