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Favorable government incentives and green 593553-001 energy initiatives are expected to make China the world leader in electric vehicles in the near future. China's intention, in addition to creating a world-leading industry that will produce jobs and exports, is to reduce urban pollution and decrease its dependence on oil. The Bedford Report examines the outlook for the Industrial Electric Equipment Industry and provides 593562-001 equity research on Harbin Electric, Inc. /quotes/zigman/95689/quotes/nls/hrbn HRBN +1.76% and Advanced Battery Technologies, Inc. /quotes/zigman/93727/quotes/nls/abat ABAT +8.40% . Access to the full company reports can be found at:
According to a consultant at World Bank, Chinese consumers may purchase WD548AA about 47 percent more electric vehicles than the US in a decade. Oliver Hazimeh, a partner at PRTM, reports that Plug-in electric WD549AA vehicles that connect to a power-grid to store energy in batteries will rise to 2.2 million, or 11 percent, of vehicles sold in China in 2020. China has committed about $15 billion for vehicle Compaq 593562-001 Battery electrification over the next five years where it will develop infrastructure to promote electric vehicles, while the US has agreed to provide $2 billion to $3 billion to promote battery-powered vehicles. The Bedford Report releases stock research on the 9 Cell 593554-001 Industrial Electric Equipment Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at notebooks-battery.com and get exclusive access to our numerous analyst reports and industry newsletters. Harbin Electric is a leading developer and 593550-001 manufacturer of a wide array of electric motors with a focus on innovative, customized, and value-added products. Its major product lines include industrial rotary motors, linear motors, and specialty Compaq Presario CQ62 Battery micro-motors. The Company recorded a net income attributable to controlling interest of $17.2 million, or $0.55 per share in the second quarter of 2011. Advanced Battery Technologies is a leading HP G7 Battery manufacturer and distributor of rechargeable polymer lithium-ion batteries. The HP G6 Battery company is also involved in the development and manufacturing of electric bikes, scooters and sports utility vehicles. The Bedford Report provides Analyst Research focused on HP G62T Battery equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market UM09F36 activities. We constantly create research reports and newsletters for our UM09F70 members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks.
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