Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

For the major part BYD sales performance is dependent on government subsidies in the country where they sell three quarters of all the cars they produce. That is a high risk factor investors don't like.




Can you provide a source for the government subsidies you say BYD is dependent on?


nice article. excellent proof that the whole industry is indeed driven by market force and profitability.

> "11 out of 17 listed Chinese automakers were profitable."

> "93 of 169 automakers operating in China have market shares below 0.1%."




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: