Why China’s electric-car industry is leaving Detroit, Japan, and Germany in the dust – MIT Technology Review

Guess how many EV companies that have launched in China since 2013….? 487!

And 56% of Lithium ion batteries will be manufactured in China by 2020 according to the Wall Street Journal.

Watch out the western car industry!

 

Source: Why China’s electric-car industry is leaving Detroit, Japan, and Germany in the dust – MIT Technology Review