The subsidy for low range EV's is to be abolished but the...

The subsidy for low range EV's is to be abolished but the subsidy for longer range is to increase by 14%.

In 2M 2018 (January and February), retail, wholesale and production of Chinese auto market grew by 5%, 3% and -3% in unit volume, respectively. Geely Automobile Holdings Ltd (175 HK)Geely, Faw Car Company Limited A (000800 CH) Audi and BYD Co Ltd (H) (1211 HK) grew 38%, 32% and 30% year-over-year respectively, representing the fastest growers among the major Chinese OEMs.  DF Kia, Changan Ford, and BAIC Hyundai were the market share losers, declining 16%, 29% and 32% year-over-year in unit sales respectively. Luxury JV brands Volkswagen AG (VOW GR) Audi, Daimler AG (DAI GR)Benz, Bayerische Motoren Werke AG (BMW GR) all outperformed the overall market by delivering strong double digits growth.
China amended EV policy

The fact that BYD grew 30% year on year is interesting seeing the tie up betweensyr and  BTR Syrah signs sales agreement with BTR energy

In that thread it is worth reading an earlier post   I made https://hotcopper.com.au/threads/an...tr-new-energy-materials.3671907/#.WqjMFX--liN

All looking good