BYD Expects To Be Hit By China’s EV Subsidy Cut In First Half, But Future Still Bright

By Mark Kane BYD’s first quarter profits fell within the forecasted range of 24-35% – 28.8%, after plug-in vehicles sales fluctuated fairly wildly in the first three months in China; both with a 20% reduction in subsidies and the gradual build up of new list of approved plug-ins to receive that …read more

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