Ms Zhang Youping, a Chinese retiree, purchased an all-electric, small sport utility vehicle from BYD - China's largest electric vehicle (EV) maker - at a car show for around US$20,000 (S$28,850) in August.
Her family has bought three petrol-powered cars in the last decade, but she recently grew concerned about fuel prices and decided to go electric "to save money". A few months earlier, her son had also bought an EV. It was a US$10,000 hatchback from Leapmotor, another Chinese manufacturer.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
