Honda Eyes China's Electric Car Market

From The Wall Street Journal: The president of Honda Motor Co. said Monday the company is studying the possibility of rolling out electric vehicles in China, making it the latest Japanese car maker to look for potential demand in an untapped slice of the world's largest auto market.

The Japanese car maker is considering initiating a testing program in China for electric vehicles, following similar tests in the U.S. and Japan, the company said in a release.

"The chances are good in China," Takanobu Ito, Honda's president, told reporters after a news conference for an electric-vehicle test program in Saitama Prefecture, north of Tokyo.

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