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In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars(www.washingtonpost.com)

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In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars::undefined

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luckyhunter@lemmy.world
1 point

Is BYD a China state run company?

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TwinTusks@outpost.zeuslink.net
6 points

Once your company became big, it is mandatory to have a state appointed party secretary on board.

So yes, in a sense BYD is state run.

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Bloops@lemmygrad.ml
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It’s not an SOE and like half of its stocks are owned by Americans. But the parent company got some government funding according to the US Congress, so the whole conglomerate is considered an SOE by America now. Sounds like trade war stuff to me lol

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