The sole obstacle to the sale of EVs is their price, Tesla CEO Elon Musk says. In China, companies such as BYD are preparing to resolve the obstacle globally. Last week at Shanghai Auto Show, China’s biggest electric vehicle producer introduced a new car, the Seagull, stunning analysts and competitors with its specifications: battery range of more than 300 km (186 miles) and a base price of a few thousand dollars less than most electric vehicles currently in European markets
In spite of economic unpredictability and…
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