China’s Electric Vehicle Dilemma Caixin February 102014 marks the fourth year since Chinalaunched its industrialization of electric vehicles.However,even in pilot cities like Beijingand Shanghai,it remains difficult for consumers to buy an electric vehicle.In order to promote electric vehicles,which are more expensive than traditionalfuel-burning vehicles,both the central andlocal governments have provided subsidies toelectric vehicle purchasers.For example,for an China’s Electric Vehicle Dilemma Caixin February 102014 marks the fourth year since Chinalaunched its industrialization of electric vehicles. Even and even in pilot cities like Beijing and Shanghai, it remains difficult for consumers to buy an electric vehicle. In order to promote electric vehicles, which are more expensive than traditional fuel-burning vehicles, both the central and local governments have provided subsidies toelectric vehicle purchasers. For example, for an