For China’s auto market, electric isn’t the future. It’s the present
Zhang Youping, a Chinese retiree, purchased an all-electric, small SUV from BYD — China’s largest electric vehicle maker — at an auto show for around $20,000 last month. Her family has bought three gas-powered cars in the last decade, but she recently grew concerned about gas prices and decided to go electric “to save money.” […]
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