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BYD opens shop in the Caribbean with 10 new markets planned by the end of 2024

Baua Electric

BYD’s growing EV sales were fueled by price cuts and new lower-priced models launched earlier this year. Despite potential tariffs, BYD still expects the low-cost EV to start at less than 20,000 euros ($21,500), still thousands lower than its rivals. BYD plans to open shops in Jamaica, Barbados, and the Cayman Islands.

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