Reuters examines the future of electric vehicles in China

China, Europe and the U.S. state of California have set ambitious requirements for automakers to dramatically increase electric vehicle sales over the next 5-10 years, but those goals are at risk unless EVs can come close to matching gasoline engine cars in cost and ease of use, a Reuters investigation has found. Five engineers interviewed by Reuters in China said they believe it will take a decade before battery EVs achieve cost and performance parity with gasoline cars. But pressure to deliver parity will only grow as China rolls back subsidies while setting quotas for sales of new energy vehicles.