China battleground for motor firms


Volkswagen's XL1 Concept car is displayed at the company's booth during the Guangzhou 2013 Auto Show in China's southern city of Guangzhou,Thursday, Nov. 21, 2013. (AP Photo/Kin Cheung)

GUANGZHOU: German motor giants Volkswagen AG, BMW and Daimler see China’s future as being electric – encouraged by generous government subsidies – but that bet puts them at odds with some of their Asian rivals.

While the Europeans were heralding the all-electric vehicle at the Guangzhou auto show this week, Toyota Motor and Honda Motor were unveiling hydrogen fuel cell cars at shows in Tokyo and Los Angeles.

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Business , World , auto giants in china

   

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