The headline here should be "BYD sold the most EVs in China in 2022, so it got the most EV purchase subsidies." The subsidies discussed in this report are most

The headline here should be "BYD sold the most EVs in China in 2022, so it got the most EV purchase subsidies." The subsidies discussed in this report are mostly "purchase subsidies," which the Chinese government pays to all domestic EV manufacturers. The more cars a company sells, the more "purchase subsidies" it receives. BYD received 1.6 billion Euros in 2022, because it sold the most EVs. The second largest recipient was Tesla, which received 0.4 billion Euros from the Chinese government in purchase subsidies. If Tesla had sold more EVs in China, it would have received more subsidies. This particular "purchase subsidy" program has ended, by the way. There are still other types of subsidies, such as waivers on license-plate fees (which can be massive in large Chinese cities) for EVs. Just as a general comment, I find it slightly amusing that the narrative has shifted from "China doesn't care about the environment" to "China is heavily subsidizing renewable energy and EVs, and here's why that's a bad thing."