Itching to buy an EV? Chinese manufacturing may make affordable electric vehicles a reality

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Henry He is one of eight million people in China who drive electric vehicles (EVs).

The Shanghai resident bought his first EV in 2015 for about $20,000, to save money.

“A major reason was that the rego was issued free of charge by the Shanghai local government when buying an EV,” the 46-year-old told ABC News.

“The auction price for a rego in Shanghai is generally about 100,000 yuan ($21,145). It’s more expensive than the car.”

Henry He bought a domestically made…

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