The Wall Street Journal | By: Trefor Moss | October 02, 2017:
Nearly half of all plug-in vehicles are sold in China, driven by relentless subsidies and regulations.
China has created the world’s largest electric-car market by sheer force of will, a giant bet on domestic production that’s leaving major foreign auto makers scrambling to keep up.
The government is funding its own manufacturers, luring domestic buyers with subsidies and building a vast charging-station network—while strong-arming its consumers by making sure buying an electric car is the only sure way to get license plates in crowded cities.
In the U.S. and elsewhere, there is some skepticism about whether electric vehicles will be a significant market soon.
China has made up its mind.
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