Hyperdrive
These Six Chinese Cities Dominate Global Electric-Vehicle Sales
- Limits on gasoline-car permits pushing Chinese drivers to EVs
- Beijing, Shanghai among the cities generating 20% of EV sales
Why Electric Cars Aren't Taking Over Yet
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After trying for two years to get a license for a gasoline-powered car in Beijing’s bimonthly lottery, Gary Zhong gave up and bought the Qin EV300 electric vehicle from Warren Buffett-backed BYD Co.
“There was no other way,” said Zhong, 31. “I would have waited forever to get a gasoline-car license, but instead I now find my EV actually works quite well for commuting.”