Comment by viktorcode
21 hours ago
For the major part BYD sales performance is dependent on government subsidies in the country where they sell three quarters of all the cars they produce. That is a high risk factor investors don't like.
21 hours ago
For the major part BYD sales performance is dependent on government subsidies in the country where they sell three quarters of all the cars they produce. That is a high risk factor investors don't like.
Can you provide a source for the government subsidies you say BYD is dependent on?
Here's the recent news on that: https://www.reuters.com/business/autos-transportation/china-...
nice article. excellent proof that the whole industry is indeed driven by market force and profitability.
> "11 out of 17 listed Chinese automakers were profitable."
> "93 of 169 automakers operating in China have market shares below 0.1%."