Indeed. BYD's electric vehicle production is heavily supported by Chinese subsidies and cuts in these subsidies have had a big impact on profits. Its stock ha

Indeed. BYD's electric vehicle production is heavily supported by Chinese subsidies and cuts in these subsidies have had a big impact on profits. Its stock has been steadily declining since the announcement earlier this year. https://www.reuters.com/article/us-byd-results/chinas-byd-warns-profit-to-plunge-on-electric-car-subsidy-cuts-shares-tumble-idUSKBN1H31PP https://www.reuters.com/article/us-byd-results/chinas-byd-wa...