By Chen Qingtai, director-general of the Enterprise Research Institute, DRC

Research Report No 094, 2009

Abstract:

The development of electric vehicles (EV) has already become a global competition to fight for the pole position in the future automobile industry. China has its advantages, and government departments and enterprises should be equipped with enough urgency toward the follow-up development and automobile industrialization.

National strategies and package measures should be quickly formulated to promote the development of the EV industry, including strengthening political guidance, regulation and control, increasing the follow-up technical input, accumulating intellectual property rights, supporting the development of independent technologies, and preventing a "Bad money drives out good" situation.