Do automakers stand a chance of increasing electric vehicle sales in China? Though the talk from...
Mar 8 2013, 10:28 ET
Do automakers stand a chance of increasing electric vehicle sales in China? Though the talk from major companies (F, GM, VLKAY.PK, TM) is that they plan to start or ramp up electric sales in China - and even Tesla Motors (TSLA +1.4%) plans to open a dealership in the nation - by all accounts EV sales in China are stuck in neutral. Mind-blowing levels of smog in Beijing this year have elevated the debate on vehicle emissions, but until the government actively decides to sacrifice economic growth for environmentally friendly practices the EV initiatives are speculative.