Posted inBeijingChinaHong KongShanghaiWorld

Speed bumps ahead as smart cars and clean energy fuel China’s rise

It used to be all about Ford, GM, BMW and Mercedes-Benz. Now, the fast lane in the auto industry resembles a Beijing highway during the bumper-to-bumper rush hour period with BYD, Beijing Electric Vehicle Corporation, ZhiDou, Shanghai Auto and Zotye muscling into the market. Fueled by the “Made in China 2025” program, these top-selling Chinese brands specialize […]