China funneling billions into BYD to crush European and U.S. competitors, study says (www.ifw-kiel.de)
Study download (pdf)...
Study download (pdf)...
Cross posted from: feddit.de/post/11048575...
Cross posted from: feddit.de/post/11048575...
According to recent data of 2022, direct government subsidies for some of the dominant Chinese manufacturers of green technology products had also increased significantly - the electric car manufacturer BYD alone received EUR 2.1 billion. […] The authors recommend the EU to use its anti-subsidy proceeding against BEV imports...