Browsing Tag

Electricity

BYD Claims Act Blocks Affordable EVs – Is it Logical?

BYD's Stance on the US EV Market Chinese electric vehicle (EV) giant BYD believes that the USA's Inflation Reduction Act of 2022 is preventing the sale of cheap electric cars in the United States. BYD's Stella Li claims that the US isn’t “under our current consideration” due to the Act, although it is worth noting that this didn't prevent BYD from…