GUANGZHOU -- China's automakers are set to sharply raise prices on electric cars and other environmentally friendly vehicles starting next week as the government slashes subsidies that had made the country the world's largest market for electrics.
Electric cars in China
Chinese electric-car prices set to spike on subsidy cuts
Yellow light ahead for industry as BYD and others pass burden to consumers
BYD could hike prices on sport utility vehicles by as much as 30% in response to the government slashing subsidies on electric vehicles.
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