BYD Sales Surge Driven By Chinese Subsidies
BYD's sales volume has significantly increased globally due to Chinese government subsidies, which allowed the company to sell vehicles at very low prices. These subsidies are now being gradually phased out.
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Sources · 7 independent
MCOT FM 100.5 News
“In construction factories, involving subsidies, giving money to support domestic buyers, making BYD's sales volume grow significantly, then entering other markets, globally. But later, the Chinese government seems to have done it, making BYD almost able to sell in varieties that other competitors cannot compete with at very low prices.”
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