629
In China, It’s Already Cheaper to Buy EVs Than Gasoline Cars
(www.washingtonpost.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 27 Aug 2023
629 points (96.3% liked)
Technology
59197 readers
738 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Is BYD a China state run company?
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.
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