In China's green car boom, global players choose different gear
They say that the electric goals may prove to be too costly, too risky, too far from demand
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Tianjin
BY 2020, Beijing says, carmakers must meet tough new green standards to cut epic pollution in China's cities. As domestic firms bet heavily on electric cars to meet that goal, foreign peers are set to stay in a different, petrol-driven gear.
In the latest sign of caution from global carmakers in China, Germany's Audi last week unveiled a new factory for high-efficiency transmissions in Tianjin, to be used in petrol-powered cars. While Chinese firms go electric in the world's biggest car market, Audi is intent on petrol engines that can run farther, cleaner, in tandem with hybrid technology.
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