Caixin
Apr 13, 2016 04:08 PM

BYD's Image Hurt by Scandal Involving Dealer's Suicide

The 240 BYD electric cars bought by a government-backed taxi company in Nanjing in 2014 are still in a BYD warehouse in the southern city of Shenzhen
The 240 BYD electric cars bought by a government-backed taxi company in Nanjing in 2014 are still in a BYD warehouse in the southern city of Shenzhen

(Nanjing) – China's largest electric vehicle manufacturer, BYD Auto Co., is under intense scrutiny following the death of a Nanjing auto dealer who accused the company of bilking a government subsidy program and a Caixin probe suggesting the charge may have legs.

The uproar began on March 9, when media outlets in the eastern city reported the suicide of 53-year-old Liu Peng, general manager of two BYD dealerships: Shangdi Automobile Trade and Service Co. and Sushunya Automobile Trade and Service Co.

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