China to Speed Construction of Electric Charging Stations

by Charles Gross, Benzinga Editor

October 4, 2015 9:06 AM | 1 min read | Make a Comment

China is making a push to create national network of electric vehicle charging stations, according to

Xinhua news agency as reported by Reuters on Sunday. The effort is part of a goal to have five million green vehicles on China roads by the year 2020, according to a senior energy official. The lack of charging stations is said to have been a major factor in holding back sales of electric cars in China by Tesla Motors, Inc. TSLA, BYD Company Ltd. BYDDF and others. Tesla Motors closed Friday at 247.57 Up $7.69. Read source article here: http://www.reuters.com/article/2015/10/04/china-autos-charging-idUSL3N12403520151004

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