Etiqueta: subsidy

The Chinese government has previously said automakers will have to repay subsidies that they have been found to have claimed improperly

The Subsidy Scandal Shaking China's EV Giants: BYD and Chery's Risky Road Ahead

Chinese electric vehicle maker BYD has failed to make a significant impact in the South Korean market six months after its entry. Low consumer trust in Chinese cars and a continuing slowdown in electric vehicle demand are cited as the main reasons for its lackluster performance. According to market tracker Carisyou on July 13, BYD sold 1,337 units ...

The technical part of negotiations between China and the European Union on electric vehicles (EVs) has been largely completed, a social media account linked to China Central Television said in a po…

A hot topic in the EV world lately has been a reported “price war” controversy in China, and perhaps extending a bit beyond that. Some automakers have contended that BYD is engaged in an extreme, destructive price war. We’ve seen various takes on this from different automakers, and China’s Ministry ... [continued]

Spreading a manufacturing base all over the region BYD has aggressively expanded its footprint across the Southeast Asian (ASEAN) region, strategically establishing distributorships in several key countries. This expansion is often facilitated through partnerships with prominent local automotive or business conglomerates, a tactic that mirrors the successful market entry strategies ... [continued]

BYD (BYDDF) faces potential sales challenges due to policy changes in China. Six Chinese cities have discontinued car trade-in subsidies. The decision is d

BYD is set to introduce a new cost-effective electric vehicle as the successor to the Atto 3. The upcoming model is the SEAL, a mid-size electric sedan, which debuted at the 2025 Seoul Mobility Show in April. Industry sources report that the SEAL has successfully obtained environmental certification from the Ministry of Environment and has entered ...

As BYD slashes prices again, automakers, regulators, and suppliers react sharply, warning of unsustainable tactics and long-term market risks