Chinese Electricity
Mahbub Hussain: With the world going after greener electric cars, China has joined in the rat race too. A lot of automotive startups have realized that electric cars are the future of everything and they are going berserk in making their electric vehicles, which are mere knock offs of Teslas.
To make things worse for Tesla, the Chinese government offers generous subsidies to people who buy electric cars, but only if they are built in China; which Teslas obviously are not.
So what are these clones?
Huang Xiuyuan, a 28-year-old Chinese entrepreneur formed a company called Youxia, gathered a team of 50 engineers and designers and put the Ranger X in just 16 months. That is a mad feat, but seems quite possible given the fact the Youxia Ranger looks like an identical twin of the Tesla Model S f...