Despite fuel crisis alarms and environmental awareness drives since the 70’s, North Amerca has consistently deemed the production of electric cars a bad business prospect. Instead we forged ahead with the production of gas-guzzling traditional vehicles.
It would appear China reading the clues, analyzed future market requirements, decided to risk developing a product that is ready to roll at just the right time.
China’s Changan Automobile Group “will roll out 30 electric cars developed jointly with Electrovaya in Canada before the end of this year, potentially becoming the first Chinese auto maker to tap the North American market.†Eventually the made-in-China clean-energy cars will be shipped directly to “ the hotly-contested marketâ€
“Other Chinese players, such as BYD auto, an automaking unit of Hong Kong-listed rechargeable battery maker BYD Co are set to tap the clean energy vehicle market at home and overseas. BYD Auto has signed up 10 distributors for its self-made plug-in hybrid car in Europe, well ahead of its targeted entry into that market in 2010.â€
Quebec Hydro modernized its infrastructure with a view to provincial self-reliance after the power outings of 2003/4 is apparently now capable of providing electrical recharge to 36 million vehicles, Canada wide, without going off the grid – Remarkable foresight!
Ref: http://www.reuters.com/article/marketsNews/idUSSHA33460720081104
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