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Chinese BYD cars will be more expensive in 2023

01/01/2023

Less than a minute

2023.01.01 04:52

China's BYD raises car prices after subsidy cuts

Chinese BYD cars will be more expensive in 2023

Budrigannews.com – BYD Co., a major manufacturer of electric vehicles in China (OTC:), has altered the prices of its products as of January 1, citing the effect of decreasing subsidies for new energy vehicles since November of the previous year.

The company stated on its official Weibo (NASDAQ:) that its various models will see price increases of between 2,000 and 6,000 yuan, or $290, in accordance with its official guidance. account.

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