“We believe this is the right product at the right time.”
Wang Chuanfu, head of BYD, comments on the upcoming Denza EV, saying that the Chinese government is making it easier for electric vehicles to enter the market, by investing in infrastructure and proposing incentives.
“This bill will make electric cars and car-sharing opportunities affordable to working families.”
Vien Truong, Environmental Equity Director for The Greenlining Institute, comments on a proposed measure, which would see additional rebates for electric cars be made available for California residents with a particularly low income. The proposal is set to pass the state’s senate and be signed into law soon.
“It took us 100 years to get to lithium ion. I don’t see that quantum leap [in battery technology] coming quickly.”
Peter Mertens, Volvo’s senior vice president of research and development, says that one should not bet on significant changes of battery technology at this time.
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