Chinese Government Subsidies Play Major Part In Electric Car Maker Byd's Rise

BYD's Qin model catapulated the Shenzhen-based auto maker to the top of the world's electric car manufacturers in 2015. Photo: GREG BAKER/AFP/Getty Images South Korea’s Samsung group apparently bought into China auto maker BYD as a way of improving its prospects in China, where it has struggled against government protection of [...]

BING NEWS:
  • Insight: Why BYD's EV exports sell for twice the China price
    U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China's top EV maker, BYD, has ...
    04/25/2024 - 10:08 pm | View Link
  • Chinese automakers redefine the car as a living space at Beijing Auto Show
    The seemingly never-ending efforts of China’s electric car makers to redefine the automobile are on display at the nation’s largest annual auto show ...
    04/25/2024 - 4:26 am | View Link
  • Chinese automakers redefine the car as a living space at Beijing Auto Show
    The car with a large flat screen was launched last week at a price of 789,000 yuan ($109,000) by ZEEKR, a young company that is part of the Geely group, a major Chinese automaker that also owns Volvo.
    04/24/2024 - 1:28 pm | View Link
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