Who Killed China's Electric Car?

Three years ago, China was set for a green auto revolution. But the country's electricity-powered car industry is in stasis.

When Warren Buffett in 2008 bought 10% of Chinese car and battery maker BYD(acronym stands for Build Your Dreams), many thought it was the dawning of the Chinese electric vehicles (EVs) age. That "golden era" may yet arrive. Eventually. But in the interim, that dream has mutated into something of a nightmare ensnared in interest group politics and lack of clear strategies.

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