Electric Car Stocks Jump as China Signals Lull in Subsidy Cuts – Yahoo Finance

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Electric Car Stocks Jump as China Signals Lull in Subsidy Cuts – Yahoo Finance

(Bloomberg) — Shares of Chinese electric-vehicle makers including Warren Buffett-backed BYD Co. jumped after the government signaled it won’t continue reducing subsidies for the industry at the same pace this year.Miao Wei, the minister for industry and info…
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