{"id":525513,"date":"2022-09-28T10:36:46","date_gmt":"2022-09-28T05:06:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=525513"},"modified":"2022-09-28T11:31:45","modified_gmt":"2022-09-28T06:01:45","slug":"for-chinas-auto-market-electric-isnt-the-future-its-the-present","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/for-chinas-auto-market-electric-isnt-the-future-its-the-present\/","title":{"rendered":"For China\u2019s auto market, electric isn\u2019t the future. It\u2019s the present"},"content":{"rendered":"<p>Zhang Youping, a Chinese retiree, purchased an all-electric, small SUV from BYD \u2014 China\u2019s largest electric vehicle maker \u2014 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 \u201cto save money.\u201d A few months earlier, her son had also bought an EV. It was a $10,000 hatchback from Leapmotor, another Chinese manufacturer.<\/p>\n<p>This year, one-quarter of all new cars purchased in China will be an all-electric vehicle or a plug-in hybrid. There are, by some estimates, more than 300 Chinese companies making EVs, ranging from discount offerings below $5,000 to high-end models that rival Tesla and German automakers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zhang Youping, a Chinese retiree, purchased an all-electric, small SUV from BYD \u2014 China\u2019s largest electric vehicle maker \u2014 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 \u201cto save money.\u201d A few months earlier, her son had also bought an EV. It was a $10,000 hatchback from Leapmotor, another Chinese manufacturer. This year, one-quarter of all new cars purchased in China will be an all-electric vehicle or a plug-in hybrid. There are, by some estimates, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-525513","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=525513"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525513\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=525513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=525513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=525513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}