Consider the e-bike: Can 200 million Chinese be wrong?
qz.com
qz.com
Because they are friends with people in the oil industry?
One of the reasons they have taken off is the low price and cheap running cost.
This article says they can be bought for $1000. The price in China is more like $300-$400.
Most apartment building will charge 1 yuan a day to park/charge your bike. No tax/license/Insurance