Elon Musk is going to love the latest news to come from China
January 13, 2016 at 14:59 PM EST
Annual sales of electric vehicles in China may grow by about 44% a year until 2020, analysts at Barclays say. Sales there are expected to have reached 220,000 units in 2015; that would contrast with less than 120,000 electric cars sold in the U.S. last year.