Over a half of China City Buses to be possibly the New Energy Ones in Five Years

15 June 2011

www.chinabuses.org: On 10 June 2011, the experts who attended the 13th (2011) China Venture Capital & Private Equity Forum believed that new energy vehicles, stored energy and solar energy were the key development in the future.


Liang Yingjie, partner of KPCB China believes that China is bound to be the leading one for electric vehicles due to the biggest market in the world and the cost advantages of the batteries. The key point is how to get the leading position. According to the related data, more than a half of China city buses will be the electric or hybrid power one in five years.


Wang Junfeng, G.M. of Legend Capital shows that the first stirring of China electric vehicles is certain to be reflected in the city bus system. The key point is whether the system is steady.

Source : www.chinabuses.org

Editor : Andrea

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Tags: citybuses venture electric hybrid power

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