Some news about China's transportation system:
This sounds quite ambitious: increase new energy vehicle output to 2 million units a year in 2020, then increase output by 1 million units every year:
I read the other day an article that China decided NOT to go "hybrid E vehicle", but only FULL E vehicle. The article was about recent Geely acquisition of shares in Daimler, then it mentions that Geely was "mistakenly" invested a lot in hybrid through Volvo, now it is trying to catch up with full E cars in the face of strong competition of BYD and others.
I am not surprised nor do I think Geely made a mistake (in hybrid), but quite interested in China's decision of go straight to embrace full E car. That seems that the strategy is go pure new energy (wind, solar, nuclear converted electricity). On another note, it seems the traditional European car makers (BBA and Volvo) were right in skipping hybrid (compared to Japan) and embrace full E cars. Of course, Tesla made that choice too, but I would not count it because it is purely focusing on the Luxury sector (rich boys' toy).