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China spends at least $230 billion trying to win the EV race, study finds

Government subsidies have played a crucial role in nurturing China's thriving EV sector and manufacturers such as BYD.

By: Business Insider

Jul 19 2024
7
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China spends at least $230 billion trying to win the EV race, study finds — China spends at least $230 bil

The BYD Dolphin is one of China's best-selling cars.John Keeble/Getty Images

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