Bean_TigerB to Electric Vehicles@gearhead.townEnglish · 10 months agoChinese electric car maker BYD is about to steal Tesla's crown. Here's why it's winning the race.www.businessinsider.comexternal-linkmessage-square70fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkChinese electric car maker BYD is about to steal Tesla's crown. Here's why it's winning the race.www.businessinsider.comBean_TigerB to Electric Vehicles@gearhead.townEnglish · 10 months agomessage-square70fedilink
minus-squaremataliBlinkfedilinkEnglisharrow-up1·10 months agoChina subsides BYD while taxing Tesla. Almost all EVs sold in China are exempt from a vehicle purchase tax, making them more affordable for drivers, which then boosts overall consumer demand and revenue for automakers.
China subsides BYD while taxing Tesla.
Almost all EVs sold in China are exempt from a vehicle purchase tax, making them more affordable for drivers, which then boosts overall consumer demand and revenue for automakers.