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.
Electric cars in China
Tesla, BYD raise China prices on EV subsidy cuts and material costs
Beijing reduces incentives for electrics by 30% as part of phaseout
Tesla's delivery center in Beijing: The automaker raised prices on its flagship Model 3 and Model Y by 4%-8% at the end of 2021. (Photo courtesy of Tesla)
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