Aug 30, 2017 - 08:02 am

BYD suspects less profit.

BYD expects 25 percent less profit from its new energy vehicle business for the first 9 months of this year due to Beijing’s cut of subsidies. The Chinese government had reacted to a subsidy cheating scandal in 2016 and has since cut financial aid and imposed stricter controls.
reuters.com

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Found on electrive.com
https://www.electrive.com/2017/08/30/byd-suspects-less-profit/
30.08.2017 08:50