The subtle reason why BYD is selling well
Machine translated
To buy a Hyundai or Kia EV, you absolutely must receive a government subsidy.
However, the vehicle delivery waiting period is long,
and applying for the subsidy isn't just waiting in line; they say you have to click frantically the moment the subsidies are released, just like trying to snag tickets for a popular concert.
BYD doesn't use subsidies; instead, they offer discounts equivalent to the local subsidy amounts.
If you buy a BYD first and then buy a Hyundai or Kia EV later, you can qualify for the "first-time buyer" subsidy since you haven't used one before.
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