China's Chery, BYD may have to repay subsidies after audit finds irregularities

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  Posted by Two Blokes Jul 11 - Filed in Stock - 10 views
  
  China's Chery (CHERY.UL) and BYD improperly claimed a combined $53 million in government subsidies for eco-friendly vehicles sold in the five years to 2020, accounting for nearly 60% of improper claims, an industry ministry audit found.