Here’s the crux:
http://chinaautoweb.com/2013/03/kandi-and-geely-team-up-to-promote-short-range-evs/
“...aims to become a leader in the market of low-speed and short-range EVs by applying the “Hangzhou model” (of EV promotion) to other Chinese cities. While not legalized by the central government largely because they are not highway-capable, those cars enjoy a wide popularity in certain regions like the Shandong province, where 83,300 low-speed EVs were reportedly sold last year, due to their low costs (they sell for usually 2-6 thousand US dollars) and the conveniences they afford for moving within a city. Hangzhou is one of several cities offering or planning to offer conditional licenses to them. In the capital of Zhejiang, people can drive a Kandi electric two-seater (shown in the pic below) by paying just 998 Yuan a month beyond a refundable deposit of 10,000 Yuan. “
That’s the ‘sweet spot’ economically for ecars. Big ecars are just toys.
Thats the sweet spot economically for ecars. Big ecars are just toys.
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The Tesla is in the upscale market. The range of their batteries is over 250 miles.