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.


Found on
30.08.2017 08:50