Tag: government subsidies
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Worst Fears About BYD CONFIRMED by Chinese Report – Warren Buffett Sold
Warren Buffett's decision to offer his stake in BYD, a leading Chinese electric car (EV) maker, has sparked intrigue given the company's remarkable development. Between 2020 and 2024, BYD's production rose significantly to 4.3 million cars, fueled by aggressive growth. Nevertheless, market expert Yoken Sebert, creator of JSC Automotive, reveals troubling practices behind this success.…