BYD Got $3.7 Billion in Government Handouts; Chinese EVs Piling Up in EU Ports – Autoline Daily 3789

Author Avatar

athompson

Joined: Mar 2024
Spread the love

BYD Got $3.7 Billion in Government Handouts; Chinese EVs Piling Up in EU Ports – Autoline Daily 3789


Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vechicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings snd new car reviews.

0:00 Study Says BYD Received $3.7 Billion In Subsidies
1:06…

source

Reviews

0 %

User Score

0 ratings
Rate This

Sharing

Leave your comment

Your email address will not be published. Required fields are marked *

25 Comments

  1. Funny that Germany is leading the investigation into Chinese automotive businesses skirting the laws, Germany has been exporting huge amounts of machinery into "Kyrgyzstan" after allegedly stopping trade with Russia.

  2. I still can not understand why western companies keep trying to work with China. They're so corrupt, just move on because it doesn't matter how many people in the country if you can't sell to them on a level playing field.

  3. well, China EVs's success is not by their government subsidies. possible at the start up ,but not now. Check the sales amount of BYD now, how can the government afford to subsidies? and basically not necessary.

  4. That's the thing see… You have to spend money on the modernized factories to implement the modernized manufacturing equipment and methods… to manufacturer the latest technology ultra inexpensive eco-teer EVs. AS OPPOSED TO NOT spend the money on the modernized manufacturing and methods and instead implement tariffs and stringent safety standards, hurl kaka insults and propaganda at the competition. That's the thing see…

  5. The Australian government payed 5 Billion AusDollars in subsidies in 12 years to keep the three remaining local auto makers afloat. Number of car makers in Australia in 2024: ZERO

  6. The entire article is filled with false accusations of hypocrisy, exposing Europe’s incompetence and hypocrisy. After all the nonsense you create, the first to oppose European protectionism will be the German car manufacturers.

  7. If the European market puts up a high wall against Chinese cars, will European car manufacturers be prepared to lose the Chinese market? This is a simple math problem.

  8. Why all this news about Chinese cars and companies? People have different ideas about what a Chinese car is. For me, a Chinese car is a car from a Chinese company. A Chinese company is either home grown or one that started elsewhere, dissolved and now is making cars created, produced and managed by a Chinese company. A Chinese car is not an acquired established company that hasn't been dissolved and still is created, managed by its home country so Volvo, Polestar, Lotus are not Chinese cars. Nor is made in China meaning Chinese car as that would make a lot of Western products Chinese and that includes Tesls as a lot are made in China. MG would be as they were dissolved. As far as India is concerned, they have their own cars and I look to them to make world-class vehicles at some point.