China’s Electric Car Push Lures Global Auto Giants, Despite Risks<br />Chinese officials said here this weekend at China’s main annual automotive technology conference<br />that they would introduce policies that would help attract more foreign investment in its new-energy vehicles, giving some hope to foreign auto executives.<br />Renault-Nissan said that its new joint venture with China’s Dongfeng Motor, called eGT, will design a new electric car<br />that will be produced at a Dongfeng factory in the Chinese city of Shiyan.<br />G. M., Volkswagen and other major automakers have made regular cars with Chinese partners for decades,<br />and China had hoped its automakers would learn how to make their own worldbeating brands.<br />Chinese officials are also set to impose stringent regulations that would force automakers like Volkswagen and G. M.<br />to sell new-energy cars in the country if they want to continue selling the old-fashioned gasoline-powered types as well.<br />Honda Motor is planning to make an electric car in China next year, while Toyota plans to make a plug-in hybrid car in the country.<br />The Chinese government has put heavy pressure on automakers to build and sell more electric cars powered entirely by rechargeable batteries.
