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China raises trade-in subsidy threshold, squeezing low-cost EV makers – report [Yahoo! Finance]

BYD CO LTD UNSP/ADR  (BYDDY) 
NASDAQ:AMEX Investor Relations: byd.cn/bydenglish/investor
PDF Under the revised cash-for-clunkers scheme, buyers of eligible electric and hybrid vehicles can receive a 12% rebate capped at 20,000 yuan ($2,858). To qualify, they [Read more]