Last September, China signaled that it would change its overall EV Playbook by shifting the burden of EV subsidies from the government to the automakers. The move has already had repercussions for stock-market darling BYD.
from Forbes Real Time https://www.forbes.com/sites/jackperkowski/2018/05/16/once-a-stock-market-darling-byd-now-bears-brunt-of-chinas-changing-electric-vehicle-regulations/
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