Published By : 30 Oct 2015 | Published By : QYRESEARCH
Asia’s top two leading powerhouses in the automotive industry, China and Japan, are battling with each other for supremacy in knowing about how future electric cars would generate power from hydrogen-powered fuel-cells or from batteries. China, a chief oil importer is eying on all-electric (EV) cars by motivating global auto manufacturers to disclose their technology. The China automotive industry is inviting tech firms to manufacture electric vehicles in their automotive industry. Since the past decade, Beijing has been pushing the full-electric (EV) car to become a global-market car. Xi Jinping, president of China said that manufacturing fully advanced electric cars would help China’s auto industry grow from big to strong.
Japan, on the other hand, is forecasting great future for the fuel-cell technology and infrastructure where zero-emission fuel will power vehicles and homes. Especially, Toyota Motor is keen on maintaining the alternative momentum, it had developed fifteen years ago with full-hybrid electric Prius. It is nothing like the company is not doing anything about the full-electric (EV), stated Koei Saga, the senior managing officer of Toyota Motor. Though EV is, technically speaking, a comparatively easier technology, it needs to grow, stated Koei. China and Japan are not alone, General Motors has also paired with Honda for research activities on hydrogen cars.
Hyundai Motor in South Korea and Daimler in Europe are also involved in research and development activities on hydrogen car. China is advancing with their research and development activities on full-electric cars. To support their manufacturing procedures, China has kept their automotive sector open for technology firms to invest. This move from China has already bagged around ten EV start-up companies. China’s motives are supported by Baidu, Xiaomi, Tencent, and Alibaba. Shinzo Abe, the prime minister of Japan is using a different growth strategy, to call for tax breaks and subsidies for those who would buy fuel-cell vehicles.