City in a poor China province becomes a leading electric vehicle production hub
The city of Liuzhou is in one of China’s poorest provinces. But as part of Beijing’s “Made In China 2025” industrial strategy, it is now home to EV car plants for five major automakers, after putting investment and incentives into electric vehicles and by pushing local industry to expand production and infrastructure. CNBC’s Eunice Yoon reports from Liuzhou on the city’s meteoric rise. » Subscribe to NBC News: https://www.youtube.com/user/NBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 Visit NBCNews.Com: https://www.nbcnews.com/ Find NBC News on Facebook: https://www.facebook.com/NBCNews Follow NBC News on Twitter: https://twitter.com/NBCNews Get more of NBC News delivered to your inbox: nbcnews.com/newsletters #China #ElectricVehicle #Business
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City in a poor China province becomes a leading electric vehicle production hub
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