The Future of China's electric automobile industry

China has apparently vowed to become the worlds leader in hybrid and full electric cars withing 3 years. This will be to reduce dependence on oil and to compete with the United States and Japanese automakers. This obviously will put pressure on Detroit's big 3 automakers, who are already suffering. Hopefully it will cause them to make a better, more reliable vehicle, thus keeping money inside the states.

http://www.nytimes.com/2009/04/02/business/global/02electric.html?ref=asia