Electric Vehicles
Chery currently offers a few hybrid and full-electric models, and it has established a tentative agreement with a foreign company for mass-production. China subsidizes oil (an incentive for the State to encourage use and manufacture of electric cars), and some of its automakers see opportunities in less mature electric vehicles because Western companies have yet to develop much of a lead in the technology.
Read more about this topic: Chery
Famous quotes containing the words electric and/or vehicles:
“It requires a surgical operation to get a joke well into a Scotch understanding. The only idea of wit, or rather that inferior variety of the electric talent which prevails occasionally in the North, and which, under the name of “Wut,” is so infinitely distressing to people of good taste, is laughing immoderately at stated intervals.”
—Sydney Smith (1771–1845)
“Only by the supernatural is a man strong; nothing is so weak as an egotist. Nothing is mightier than we, when we are vehicles of a truth before which the state and the individual are alike ephemeral.”
—Ralph Waldo Emerson (1803–1882)