(Photo courtesy Joana Roja)

Its old news that there is a race on amongst a few countries to take a lead in electric & hybrid car technology. Here is the latest move in China towards this …

China to Invest Billions in Electric and Hybrid Cars

SHANGHAI — The Chinese government, determined to become a world leader in green technology, says it plans to invest billions of dollars over the next few years to develop electric and hybrid vehicles.

Firstly, an admirable future oriented strategy by China to try & get a lead in this area. It is also a positive & constructive move to counter the pressure they face from the developed nations on their green efforts. Secondly, good to see the Chinese state taking such strategic & deliberate steps in support of their strategy. It augurs well not only for China & Asia, but also bodes well for a greener Earth.

PS: Looking forward to hearing more about plans of the Mahindra – Reva venture.