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China said today that it would soon make it easier for foreign automakers to fully own auto factories in the country. China has long required major carmakers to partner with a Chinese firm before building a factory. The rules will be relaxed as soon as late 2018 for makers of electric vehicles—while companies producing conventional vehicles would continue to face ownership restrictions for about five years.
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Post date: April 17, 2018
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Every couple years, the notion that increased use of electric cars will bring down the U.S. electric grid is revisited. The alarmist stories are ironic because utility companies want to see a steep rise in EVs—because cars that use electricity for fuel represent a new revenue source, as well as a means to shift demand for electricity to hours when the grid is underutilized.
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Post date: April 11, 2018
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In the jittery days when the first mainstream electric vehicles were introduced, circa 2011, there was intense public and media scrutiny about the safety and reliability of battery-powered vehicles. EV advocates were concerned about the potential long-term consequences of overblown headlines following a minor isolated incident. Now, with about 800,000 electric vehicles and plug-in hybrids on U.S. roads and few defects reported, the technology is proven.
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Post date: April 06, 2018
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