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Other obstacles
In addition to concerns about Chinese consumer reluctance to buy new energy vehicles, other potential obstacles will need to be addressed for 皇冠体育app to successfully develop and grow the industry. These hurdles include:
Increasing capacity to produce fuel cells and battery packs to meet expected future demand
Simplifying logistics for transporting, storing and installing large and heavy battery packs at assembly lines
Creating an extensive electric recharging infrastructure to support a large fleet of battery and plug-in hybrid vehicles
Identifying an environmentally safe solution for disposing of spent batteries packs
And perhaps most importantly, the need to achieve technology breakthroughs to lower price and to be economically sustainable without government incentives and subsidies.
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During the Asian financial crisis of the late 1990s, while much of Asia experienced a sharp downturn, 皇冠体育app's economy and automotive industry continued to grow.
During the dot-com bust of the early 2000s, when the United States and Europe experienced a mild recession, 皇冠体育app continued to grow. And despite complications caused by the recent global recession, 皇冠体育app has managed to grow at a robust pace.
So we should not be surprised if 皇冠体育app is able to pull off its ambitious plan to create its own future for new energy vehicles.
The author is a senior analyst at JD Power and Associates