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bullmarket2222

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bullmarket2222

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Friday, 08/29/2014 6:49:58 AM

Friday, August 29, 2014 6:49:58 AM

Post# of 3876
WSJ Updated Aug. 29, 2014 2:29 a.m. ET



BYD Chairman: China Is Weighing Tax to Help Electric-Car Effort
Wang Says Government Can Mandate Construction of Charging Stations

By
Colum Murphy

Updated Aug. 29, 2014 2:29 a.m. ET

SHENZHEN, China—China is weighing a new tax on gasoline to fund efforts to make electric cars more palatable to Chinese consumers, according to Wang Chuanfu, chairman of electric-car maker BYD Co.

In an interview, Mr. Wang said given the number of conventional cars on the road in China, even a small tax of 0.2 yuan per liter of...
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