BYD plots another overseas EV plant: Here’s why that could be a bigger deal than you think
Baua Electric
AUGUST 16, 2024
Despite new tariffs on Chinese EV imports in the US and Europe, BYD is widening its lead in key auto markets like Southeast Asia and South America. The Chinese automaker is already a leading EV brand in these countries as it expands into new markets. It’s even cracking into Japan’s auto industry, a market dominated by Toyota.
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