China plans to subsidize the development of pure-electric and plug-in hybrid vehicles in the...


China plans to subsidize the development of pure-electric and plug-in hybrid vehicles in the nation to reduce the nation's dependence on oil and cut emissions. The State Council's public goal of seeing 5M alternative-energy vehicles produced by 2020, blows away previous estimates and sets the prize high for a company able to knock out a technological breakthrough in the industry. EV-related plays include F,GM, TSLA, NSANY.OB, AVAV, ECTY, GACR.PK, KNDI, HMC, JCI, NRG, ZAAP.OB, VLKAY, and AONE.

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Comments (10)
  • 123andy
    , contributor
    Comments (42) | Send Message
     
    Why is BYD left off the list? It is in China a serious and significant player not only in batteries, EVs, but also charging systems.
    10 Jul 2012, 01:09 PM Reply Like
  • aaabondpro
    , contributor
    Comments (10) | Send Message
     
    It's about time the Chinese Commies, oh, excuse me, The People's Republic of China, did something positive for the world besides just adding to the population.
    10 Jul 2012, 01:22 PM Reply Like
  • Arthur Porcari
    , contributor
    Comments (795) | Send Message
     
    "...sets the prize high for a company able to knock out a technological breakthrough in the industry."

     

    Describes KNDI perfectly. Not only do they have the fully acclaimed lead position in China's lead "Pilot City" Hangzhou for EV's, but add to that their patented Quick Battery Exchange technology which has been embraced as a partner by PRC owned Electric Utility State Grid which covers 88% of the land mass and over a billion consumer customers and you have the first company world-wide that has come up with a total solution for EV's,

     

    Just out last night in the China Media and one of several hundred similar announcement over just the past few weeks in China:

     

    http://bit.ly/MgdJil

     

    And this China article from several weeks back which also feature KNDI.

     

    http://bit.ly/Njgooy

     

    (Condi translated by Google)
    10 Jul 2012, 01:43 PM Reply Like
  • bogus07
    , contributor
    Comments (70) | Send Message
     
    add to that the smart-parking vertical garage concept also introduced by KNDI and you have a complete EV recipe for China's crowded cities.

     

    http://yhoo.it/OXtREp
    10 Jul 2012, 02:36 PM Reply Like
  • randix
    , contributor
    Comments (25) | Send Message
     
    Anyone who has done any due diligence knows there is only one company on that list that is presently situated to succeed. It is not enough to produce EV's, you need the political Chinese connections, the endorsement of the Chinese government, it has to be a Chinese company not a foreign entity, it has to have patents covering its technology, it has to have a vision that goes beyond "selling cars". And for credibility, it has to be recognized in the Chinese press, but listed on an American exchange. And the price point and use of EV battery technology has to reflect the needs of the Chinese people, not what your typical American has in their mind...

     

    The company starts with "K"... but if you've done your due diligence, real due diligence, you'd know that...That the company has been busy executing rather than issuing fluff press releases, may not make it a household name, but what's important is what the Chinese government wants, and who it chooses... My op
    10 Jul 2012, 03:16 PM Reply Like
  • Arthur Porcari
    , contributor
    Comments (795) | Send Message
     
    Randix- couldn't agree with you more. Of the whole list of tags on the above blurb, aside from F, GM and Nissan the only stock that even has PRC approved EV's for sale in China is KNDI.

     

    But the whole world will know soon. If not before, 30 days from today, when KNDI and its Partner State Grid have their coming out party in Hangzhou, Aug 10th. Remember this little "fluff" PR from a month or so ago?

     

    "Kandi Technologies to Showcase EVs and Smart Parking Technology Before an International Audience at the 2012 China International Green Vehicle Industry Expo Being Held in Hangzhou in August"

     

    "...This exhibition is recognized as a significant industry event by China's National Development and Reform Commission, Ministry of Science and Technology, Ministry of Industry, and Ministry of Finance. Additionally, it is strongly supported by the major projects of electric vehicles division of the Ministry of Science and Technology Office.

     

    It is currently expected there will be 25 attendees from China's new energy model cities at the exhibit, joined by other EV industry experts, who will discuss a variety of key industry topics with exhibitors including EV policy in China and EV business models, and also evaluate demonstrations of batteries, motors, electric controls and other crucial core EV technologies.

     

    The exhibition also is expected to attract leading vehicle and auto parts manufacturers from around the world, including the United States, Germany, Britain, Spain, Japan, and Hong Kong. They will have an opportunity to learn more about China's advanced EV technologies and products, including Kandi's EVs, its recently announced smart vertical parking buildings and technology and related advances by the Company..."

     

    http://mwne.ws/NnNROY
    10 Jul 2012, 04:25 PM Reply Like
  • jaydill
    , contributor
    Comments (5) | Send Message
     
    Now that G.M. is developing China with our money, what will the UAW do with all the jobs that they are loosing in this country. Will G.M. send the American workers to China for jobs?
    10 Jul 2012, 03:29 PM Reply Like
  • Ryandan
    , contributor
    Comments (1594) | Send Message
     
    let's hope so, all the union workers anyway.
    10 Jul 2012, 03:49 PM Reply Like
  • cgrahn
    , contributor
    Comments (13) | Send Message
     
    EV's are not going away. The winners are positioning themselves now. The ones with the best product design R&D, manufacturing capability, business plan and maybe luck will transform transportation and make a fortune.
    10 Jul 2012, 07:00 PM Reply Like
  • Momintn
    , contributor
    Comments (5690) | Send Message
     
    You can include IBM in the EV infrastructure.
    http://bit.ly/OYzzWv
    or
    http://bit.ly/OvKyTz
    10 Jul 2012, 07:05 PM Reply Like
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