China is committed to having an electric vehicle industry. But just what kind of EVs it wants, and when, is still being decided. Meanwhile, investors looking to cash in on China’s EV industry seem to be looking for a good way to benefit from a yet-to-be-finalized government policy.
High-speed rail has been in the news a lot recently, in the US, in Europe, and in China. Some great news, and some not-so-great news. Here are 8 big stories from the past couple months.
1. The U.S. government awarded $2.4 billion to 54 rail projects in 23 states a couple weeks ago. This is in addition to the $8 billion awarded by the Obama