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More urban Chinese have plans to buy cars (2) |
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11:03, July 22, 2007 |
Last year, both the sales and output of cars exceeded 7.2 million in China. The national sales of automobiles may reach 10 million by 2010. Statistics with China''s Public Security Bureau shows the accumulative number of privately owned sedans has exceeded 13 million by the end of June, up 16 percent from the end of last year. But growing number of cars brought about high energy consumption, traffic jam and pollution from vehicle exhaust. Energy-saving or environment friendly automobiles such as hybrid electric automobiles have attracted attention of domestic carmakers.
Wang Ziliang, vice president of Geely, one of the major homebrand carmakers, said the company has already developed a new model which can save energy by half. The car may be sold on market in the near future. Currently, electric automobiles have already appeared on streets in some Chinese cities.
Source: Xinhua [1] [2]
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