Big Chinese EV makers ride price cuts, subsidies to post record sales

Big Chinese EV makers ride price cuts, subsidies to post record sales

FILE PHOTO: The BYD logos are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo

China’s key electric-vehicle (EV) makers set monthly delivery records in September as government subsidies and price cuts gave sales in the fiercely competitive industry a boost.