X @Bloomberg
Bloomberg·2025-07-11 07:07
Regulatory Compliance - China's industry regulator discovered that certain carmakers, including BYD and Chery Automobile, made improper claims for electric vehicle subsidies [1] - The improper subsidy claims occurred over a five-year period, commencing in 2016 [1] Automotive Industry - The focus is on electric vehicle subsidies and compliance within the Chinese automotive sector [1]