The Chinese auto industry will make development and production of electric and hybrid vehicles its top priority over the next five years, according to its latest Five-year Plan. By 2015, China aims to sell 1 million “new-energy” automobiles, according to a report in People’s Daily. China’s Ministry of Industry and Information Technology has already announced that the government will invest more than 100 billion yuan ($14.5 billion) over the next decade to make China the world leader in green car production. Meanwhile, in the UK, where a government subsidy next year will shave £5,000 ($7,960) off the cost of new electric cars, a company predicts that the next generation of green cars could be charged wirelessly with the same technology that charges electric toothbrushes. The company, HaloIPT, this week demonstrated how electric cars can be charged wirelessly by parking over a transmitter pad, and predicted that one day vehicles might be able to re-charge by using roads outfitted with electrical systems that charge cars as they travel.
China Makes Green Cars A Priority in Latest Five-Year Plan
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