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China's electric vehicle market is......>

CHINA PRESS
MNI (London)
CHINA PRESS: China's electric vehicle market is suffering from overcapacity,
with current capacity too scattered in different areas, Sina Finance reported
Friday, citing Lin Boqiang, director of the China Institute for Studies in
Energy Policy.
- There are about 250 registered electric carmakers in China, and Lin thinks
that ten are enough, the report said.
- Moving forward, the government should actively avoid large-scale surplus or
waste because of over production, Lin suggested.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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