Nicolas Zart Discusses A Defining Marque For China’s Auto Industry

Nicolas Zart Discusses A Defining Marque For China's Auto Industry

Nicolas Zart, who writes for Clean-Technica, told CGTN's Elaine Reyes that the United States has Ford, Germany has BMW, and the ROK has Hyundai as instantly recognized world-wide marques. China's quest for an internationally known car brand is still a work in progress.

Beijing has already called for one out of every five cars sold in China to run on alternative fuel by 2025. Last month, China issued new rules that would require the world's carmakers to sell more alternative-energy cars here if they wanted to continue selling regular ones. A Chinese official recently said the country would eventually do away with the internal combustion engine in new cars.

Already, China is the world's largest maker and seller of electric cars. Chinese buyers are on track to snap up almost 300,000 of them this year, three times the number expected to be sold in the United States and more than the rest of the world combined.
[ht: CNBC]

... notes from The EDJE

TAGS: China, Electric Vehicles, Clean-Technica, Nicolas Zart, Elaine Reyes, collaboration, unified effort, economies of scale, The EDJE