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A123 SYSTEMS, AŞ Message Board

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  • nygogo nygogo Sep 16, 2012 10:24 PM Flag

    But, thanks to a Chinese white knight, all is well. Superior battery chemistry, which was to be a U.S. competitive advantage, is now theirs. But why are we surprised? The Chinese have all the money in the world, and if they ever called the loans they have out to the U.S., the global economy would stop, and our nation would be in foreclosure. The Chinese are intelligent, industrious, products of a superior, disciplined education system

    In the clean-transportation sector, for example, a Boston Consulting Group (BCG) study in July 2011 predicted that China will be the world’s largest market for EVs by 2020, surpassing Europe and the U.S. The study found that about 13 percent of consumers in China say they are willing to pay a premium of $4,500 to $6,000 for a green vehicle (EV or hybrid), compared with 9 percent of Europeans and just 6 percent of U.S. car buyers. BCG projects sales of five million EVs in China in 2020, up from just 2,000 in 2010. In India, pioneering EV manufacturer Mahindra Reva has opened more than 20 sales...

    Sentiment: Strong Buy