China Puts Its Electric Vehicles on Center Stage WSJ com

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Updated April 22, 11:59 p.m. ET

SHANGHAI Chinese auto makers are a slew of battery-powered cars and energy-efficient vehicles at this auto show here could make them globally competitive and eventually address the air pollution that many Chinese cities.

cars were some of the items on display at the Shanghai show from homegrown like Geely Automobile Ltd. 0175.HK -1.45% Automobile Holdings Ltd. Kong $ 2.72 -0.04 March 10, 2014 4:01 pm 104.32M P/E Ratio 7.46 Cap $24.29 Billion Dividend 1.43% Rev. per Employee 02/13/14 China Vehicle Rose 6.4%. 01/24/14 and Geely Develop a Subc.

quote details and news in Your Value Your Short position. Brilliance Automobile Co. and Chery Automobile Co.

of the new and updated models, such as a version of Geely’s Panda may hit the market as early as October, and in cases they might price tags low enough for and other rural residents limited financial means.

A model poses next to a new BYD e6 vehicle at the Shanghai International Show. Associated Press

The plans illustrate China’s commitment to electrified vehicles and its to support auto makers various types of electric and components with research The government sees environmental and a chance for its car makers to gain on foreign rivals, since vehicles are simpler to engineer gasoline-engine ones.

Electric are definitely affordable and environmentally technology, and we think there’s a potential market in China for Li Shufu, Geely’s chairman, in an interview Monday.

Making vehicles affordable will be for them to have an impact on the as vehicle ownership continues to quickly. The hundreds of thousands of new being added every to roads in China could damage already shaky air if they are oil-based vehicles.

The battery-powered cars that companies are showing are intended to be less expensive than planned by big foreign companies. Wall Motor Co. 2333.HK Great Wall Motor Co.

Hong Kong $ 32.90 +0.46% March 10, 2014 pm Volume. 13.51M P/E Ratio Market Cap $112.26 Billion Yield 2.16% Rev. per $1,229,150 02/25/14 Great Motor Postpones Pla. China Vehicle Sales 6.4%. More quote and news 2333.HK in Your Your Change Short based in northern China’s province, on Monday unveiled its GWKulla all-electric car, will likely be one of China’s battery-powered cars when it showrooms as early as next

Its expected price tag is between yuan and 70,000 yuan, or $8,780 to $10,250. The GWKulla, a curvy compact, runs on batteries and can go 160 kilometers (99 miles) fully charged, the company

Chery showed a tiny car, the Riichi M1, that similar technology and performance, and is to be priced under 100,000 Geely’s Panda, which executive Frank Zhao the company plans to launch in as early as October, will be priced.

Those prices are much than that of General Corp. s gm -1.59% General Co. U.S. NYSE $ 37.09 -1.59% March 10, 2014 pm Volume (Delayed 15m). AFTER HOURS $ 37.01 -0.22% March 10, 2014 pm Volume (Delayed 15m): P/E Ratio 9.52 Market Cap Billion Dividend Yield N/A per Employee $709,712 03/10/14 GM Former Lehman Investig.

William Clay Ford, of. 03/07/14 Cobalt Recall Face Lega. More details and news gm in Your Your Change Short Chevrolet Volt plug-in which is expected to sell for when it goes on sales in the in late 2010.

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GM plans to the Volt in China in 2011.

Chinese auto makers showed other types of new vehicles, including regular hybrids to compete with Motor Corp. s tm -0.54% Motor Corp. ADS U.S. $ 113.34 -0.62 -0.54% 10, 2014 4:03 pm Volume 15m). 235,000 AFTER $ 113.08 -0.26 -0.23% 10, 2014 5:27 pm Volume 15m): 510 P/E Ratio 9.61 Cap $196.52 Billion Dividend N/A Rev. per Employee $764,041 Toyota Looks to Boost

More quote details and tm in Your Value Your Short position Prius Among the most notable: a hybrid Shanghai Automotive Corp. plans to launch by the end of year.

China’s technologies for vehicles, especially batteries, are lagging behind in some ways. And while many of the being shown this in Shanghai are touted as cutting by their producers, it remains how well they will — and how Chinese consumers react to such new energy

In early testing, reviewers a plug-in electric hybrid from China’s BYD Co. BYD Co. Ltd. Hong Kong $ -0.05 -0.09% March 10, 4:01 pm Volume. 10.72M P/E 195.37 Market Cap $153.96 Dividend Yield N/A Rev. per $386,610 02/27/14 BYD Profit on Vehicles S. 01/15/14 Chinese Maker BYD Eyes $1.

More quote details and in Your Value Change Short position late last year had kinks. The car, called the was launched at least a year of a similar car planned by Toyota. But the engine in the BYD rattled and could be when it kicked in, the reviewers

The steering wheel also to get stiff when making because of the car’s increased from the batteries. BYD has said it is of these issues and is working them.

From what we seen so far, [Chinese vehicle] technology is not that in terms of things like life, driving range and said Nick Reilly, of GM Asia-Pacific operations, on Monday. they have pretty cost, and we know the Chinese and these Chinese companies are a lot of money in battery technology, so I it would be foolish of us to ignore and believe that we are that far

Some regulatory and market make China one of the most markets to experiment with cars. The government’s regulations and for things like building charging stations can be changed easily here than in like the U.S. Most buyers also are purchasing for the first time and have not particular preferences.


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