Toyota forced to build electric cars in China
Toyota has made no secret of its disdain for battery-electric vehicles in favor of fuel cells, but like other high-volume OEMs, it was compelled to produce an EV by the California authorities – the RAV4 EV, which the company did not market, and discontinued as soon as possible. Now it seems that the world’s largest automaker will have to play the same game in the world’s largest auto market.
As Bloomberg reports, the Chinese government is keen to encourage local EV production, and foreign manufacturers are finding that they must have at least one battery-electric model in their lineups if they hope to win government approval to build factories. Around 40 new EV models are expected to go on sale in China this year.
http://chargedevs.com/newswire/toyota-forced-to-build-electric-cars-in-china/
Toyota has made no secret of its disdain for battery-electric vehicles in favor of fuel cells, but like other high-volume OEMs, it was compelled to produce an EV by the California authorities – the RAV4 EV, which the company did not market, and discontinued as soon as possible. Now it seems that the world’s largest automaker will have to play the same game in the world’s largest auto market.
As Bloomberg reports, the Chinese government is keen to encourage local EV production, and foreign manufacturers are finding that they must have at least one battery-electric model in their lineups if they hope to win government approval to build factories. Around 40 new EV models are expected to go on sale in China this year.
http://chargedevs.com/newswire/toyota-forced-to-build-electric-cars-in-china/