China gave BYD an incredible $3.7 billion to ‘win’ the EV race

China has been heavily subsidizing its green tech sectors, but homegrown EV company BYD is a favorite child of the bunch, receiving enormous subsidies to the tune of at least $3.7 billion, according to a new German study. BYD received this lofty sum in direct government subsidies as part of the …

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China gave BYD an incredible $3.7 billion to ‘win’ the EV race

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