China to replace 70,000 gasoline cabs with electric cars

BYD e6 electric taxi in service in Shenzhen, ChinaChina's latest effort to promote electric cars focuses on taxis in its capital city of Beijing. The country that is now the world's largest new-car market already offers generous purchase incentives for electric cars bought by individuals. Now the city also plans to replace its entire fleet of gasoline taxis with electric cars. DON'T MISS...