Across China, government officials, corporate executives, private investors and newcomers like Mr. Lu are in a headlong rush to develop a domestic electric car industry. The country’s goal, like Mr. Lu’s, is to capitalize on the transition to electric to turbocharge the country’s lagging automobile sector to become a major competitor to the United States, Japan and Germany. That has been a goal of China’s industrial planners for decades, as the government has lavished resources
China’s answer to Tesla is hopeful entrant to global car market
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