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China is starting a program to subsidize buyers of battery-powered and plug-in hybrids. BEIJING—China will subsidize buyers of battery-powered cars and plug-in hybrids under a pilot program aimed at keeping the country competitive in the global race to develop an electric-vehicle industry, but which also risks a public backlash.
These machines make local transportation safe and sustainable with batterypower and low speeds. The batteries mean they have zero emissions and are better for the environment than gas-powered cars or golf carts. If you need more space, the GEM e6 seats up to six people and looks like a shuttle bus.
News | Markets | Technology | Personal Finance | Small Business | CNN.com RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. The E6 will hit the Chinese market later this year.
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