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China's BYD offers subsidies, discount for some models in December

2023-12-01 12:26
BEIJING China's electric vehicle giant BYD Co Ltd on Friday announced subsidies for some models and a discount
China's BYD offers subsidies, discount for some models in December

BEIJING China's electric vehicle giant BYD Co Ltd on Friday announced subsidies for some models and a discount of up to 20,000 yuan ($2,803) in December for buyers who are switching from oil to electric cars.

BYD in March set a target to sell 3 million vehicles by the end of this year, local media Yicai has reported.

($1 = 7.1353 Chinese yuan renminbi)

(Reporting by Brenda Goh and Beijing Newsroom; Editing by Sonali Paul)