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Build Your Dreams’ (BYD) momentum in global expansion continues to snowball into new markets, including Central Asia where the Chinese automaker is launching three models beginning this month. more… The post BYD continues global expansion by entering Central Asia, launching 3 models in Uzbekistan appeared first on Electrek.
BYD held a brand debut and product pre-sale event in Uzbekistan on March 16, and several of its local dealership stores are set to open this month, according to a press release Friday. It is worth noting that BYD has already made some previous moves to pave the way for its long-term growth in Uzbekistan.
& "The major players in the global economy, Europe, the U.S. With the global situation looking increasingly hectic and economies in varying degrees of disarray, there are a lot of questions about the future landscape of business. & This puts Germany in a difficult position, especially automotive manufacturers. influence.&
Chinese EV automaker Build Your Dreams (BYD) continues demonstrating why it should be a name on your radar. This stat is from one plant, not BYDs global annual production tally. Weve told you the Chinese automaker was coming and doing so at a staggering rate. FTC: We use income earning auto affiliate links.
Battery electric cars accounted for 70% of the electric car stock in 2023, states the IEA annual report of the EV global parc. While sales of electric cars are increasing globally, they remain significantly concentrated in just a few major markets. Chinese companies accounted for 75% of electric car sales in 2022, and 45% in 2023.
We EV pundits have been writing about the rise of the Chinese EV industry for years. In recent weeks, the mainstream press has picked up on the story—many articles describe the coming wave of Chinese exports in apocalyptic terms. A recent headline in the New York Times warned of a “wrecking ball” heading for Detroit.
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