
GUANGZHOU -- BYD, China's largest electric-vehicle maker, temporarily halted operations at its EV bus factory in Guangzhou, Guangdong province, the latest knock-on effect that began when the government earlier this year decreased electric vehicle subsidies by up to 50%.
BYD and the Guangzhou Automobile Group jointly invested in the factory, which will be stopped through May. In company parlance, the factory "has entered the off-season."