Quote:
Originally Posted by Dondilion
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true and now this
General Motors, Daimler AG, Suzuki Motor Corp., Volkwagen AG and Nissan Motor Co. all have said that they will build EVs in China.
Why are these companies jumping in? It's not to satisfy consumer demand for EVs. In fact, EV sales in China are virtually nonexistent.
The automakers are doing so because Beijing wants them to.
If foreign automakers want to expand operations in China, they must do two things. They must share their EV technology with their Chinese partners -- which happen to be state-owned companies -- and they must help those partners to create new local car brands.
These policies are not limited to EV technology or just to automobiles
just ask Boeing ,GE ,Caterpilar,BMW, Honda ,Toyota etc.
Read more:
http://www.autonews.com/article/2011...#ixzz1ZZv0N7TN