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Is the future of the electric car in China?

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Carlos Barria/Reuters/File

(Read caption) A woman looks at a BYD E6 electric car during the 15th Shanghai International Automobile Industry Exhibition in Shanghai.

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China is the future of the electric car.

At least, that's what Renault-Nissan CEO Carlos Ghosn believes.

Speaking to the Associated Press at the 2013 Frankfurt Auto Show, he said the car industry is carefully watching China to see how it decides to reduce emissions.

When the Chinese do make their move, it will bring on "the explosion of the electric car," Ghosn said. (His words, not ours.)

While no one wants exploding electric cars, it's not surprising that Ghosn is hoping for an increase in demand from China. 

Both Renault and Nissan have bet heavily on electricity as the ultimate alternative to fossil fuels.

Together, Renault and Nissan have sold over 100,000 electric cars, the majority of them Nissan Leafs.

Nissan sold 2,420 Leafs in the United States last month, a new high for the model, and will have sold about 80,000 globally by the end of this month.


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