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New-energy vehicles 'turning the corner'

Updated: 2014-01-11 07:55
By Jiang Xueqing in Haikou ( China Daily)

Industry may experience explosive growth in two years, says observer

The domestic alternative-fuel vehicle industry has reached a turning point and is on track for rapid development in the next two or three years, said experts.

Ye Shengji, deputy secretary-general of the China Association of Automobile Manufacturers, forecast that sales of electric and hybrid electric vehicles in China will reach 60,000 to 80,000 units this year.

New-energy vehicles 'turning the corner'