BEIJING – On Jan. 21 Zotye Auto, a privately owned automaker based in Zhejiang, east China, marketed the first batch of its pure electric SUVs, the Zotye 2008EV, in Hangzhou, one of the 21 cities designated by four central government departments as venues for the demonstration of energy-saving and new-energy vehicles. To cut expenses for users, Zotye plans to lease the 2008EVs at a monthly rate of ¥2,500 ($366) per vehicle. The Zotye 2008EV, with a wheelbase of 2,420 mm, is driven by a ...

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