GUANGZHOU -- Electric-car manufacturers like BYD and Tesla are raising prices in China, where government subsidies for such new-energy vehicles were reduced in January.
The automakers also are passing on surging materials prices to buyers.
Beijing reduces incentives for electrics by 30% as part of phaseout
GUANGZHOU -- Electric-car manufacturers like BYD and Tesla are raising prices in China, where government subsidies for such new-energy vehicles were reduced in January.
The automakers also are passing on surging materials prices to buyers.
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