SEHK:1211Auto
BYD (SEHK:1211) Enters California EV Debate Over Low Cost Cars For Drivers
BYD (SEHK:1211) is at the center of a policy fight as California debates allowing low cost Chinese EVs like the Seagull.
State lawmakers and regulators in Sacramento are weighing whether cheaper Chinese electric cars could ease high fuel costs for low income drivers.
Critics in the debate have raised concerns about trade policy, domestic manufacturing and security risks linked to importing Chinese EVs.
This California push to permit affordable BYD Seagull sales only captures one slice of the...