Five million electric cars on the road in China by 2020? That's the plan from the Chinese central government.
According to the China Car Times, it is not a difficult project at all. Five million cars in the next ten years works out to about 200,000 vehicles a year, and it gives the Chinese government time to solve the range anxiety problem that affects electric car supporters everywhere.
It's called range anxiety. That's the fear of running out of battery power before you can get to a re-charging station. Beijing's bureaucrats are trying to minimize range anxiety by pledging the equivalent of $17 billion U.S. dollars to help local governments design, produce and install EV charging equipment.
Many Chinese cities are offering subsidies on top of what the central government is offering to sweeten the pot for potential buyers of electric cars, with the goal of pushing EVs into the mainstream.
There are more than a dozen electric car and electric motorbike and scooter manufacturers in China. The best known is BYD Auto, which also makes 65 percent of the world's nickel-cadmium batteries.