China, that contradictory land of coal, smog, and renewable energy, may be on the verge of leadership in another green technology sector: electric and hybrid vehicles. The Chinese government announced today a plan to invest up to $15 billion in a state-run venture that will research, develop, and generate standards for upcoming hybrids and EVs. The venture will also put millions of electric cars on the road in the coming years, according to The New York Times.READ»
