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China to build charging stations to power electric cars

power electric cars

China will build enough charging stations by 2020 to satisfy power demand for five million electric vehicles. To accelerate construction, the government will encourage the use of private capital, allow charger-makers to issue corporate bonds, and seek investment from pension funds, Xinhua news agency reported citing a guideline released on Friday by the State Council, China's cabinet.

http://bit.ly/1RxphuZ
http://www.uitvconnect.com/newspaper/china-build-charging-stations-power-electric-cars
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Location: Bengaluru, Karnataka, India

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