China Charges Up: The Electric Vehicle (EV) Opportunity

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Source:
McKinsey & Company
Authors:
Paul Gao
Arthur Wang
August Wu
Date:
1 October 2008

This global study of several alternative vehicle technologies compares them to the traditional internal combustion engine in terms of total cost of ownership, potential to reduce greenhouse gas emissions and savings on imported fuel. Of the various alternatives available to China's automakers, electric vehicles stand out for their potential to comprehensively address these issues.