ZnWC commented on a stock · May 25, 2023 15:15

BYD PHEV fail to meet pollutant emissions standards in China

Tesla's rival BYD PHEV (plug hybrid electric vehicle) suspected of failing to meet emissions standard in China. This accusation is critical because majority of EV produced by BYD are PHEV. Tesla only produces BEV (battery electric vehicle) hence need not follow any emissions standard.

Quote:

Great Wall Motor has filed a report with Chinese regulators against BYD, alleging that the latter's Qin Plus DM-i and Song Plus DM-i use normal-pressure fuel tanks and are suspected of having substandard evaporative pollutant emissions, according to a statement today.

Under Chinese law, environmental regulators are supposed to conduct a preliminary review of suspected violations and decide whether to open a case, according to the statement.

BYD then responded with a statement on Weibo saying that its products and testing meet national standards and that the company is firmly opposed to any form of unfair competition.

Source:

Great Wall Motor accuses 2 BYD hybrids of failing to meet pollutant emissions standards as competition intensifies

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ZnWC

I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.

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