Saturday, April 24, 2010

China Invests Heavily In Fertile Green Auto Ground:

“Green cars like hybrids are expensive. Without government subsidies, the market just won’t take off,” said the Honda official, asked not to be identified. A made-in-China Prius costs as much as $41,000, nearly matching the price tag of much bigger gasoline-powered Camry, making it a turn-off for Chinese buyers, who still have a penchant for big cars. Read more: