Sober voices, eyeing profitability, rise amid EV hype

Feng Xingya, president of GAC Motor Co., spoke last week at the annual session of China's National People's Congress in Beijing, where he submitted a number of proposals. He said it would be risky for China’s auto industry to be “overly dependent” on battery-powered vehicles. (GAC Motor Co.)

March 14, 2024 03:41 PM

Sales of electric vehicles, backed by government subsidies and other incentives, and most of which are produced by domestic automakers, keep forging ahead in China with a pace and scale unseen in any other market.

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