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With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. BYD store in Thailand (Source: BYD) BYD is also planning to open several overseas plants as it expands its global manufacturing footprint. Ford’s CEO Jim Farley has praised BYD’s low-cost EVs , calling the Seagull “pretty damn good.”
With China’s auto market becoming flooded with low-cost competitors, BYD is looking to key overseas markets to drive growth. BYD’s luxury Denza opens its first store in Cambodia (Source: BYD) Southeast Asia is expected to become a major electric vehicle hub. Ford is well aware of BYD’s rise in the global auto ranks.
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A decentralized cloud would minimize the need to use third-party services to manage and store data on people and business enterprises. The HEC can allow consumers to better control how their data is stored, shared, and monetized, Alamouti says. Alamouti, cofounder and executive board chairman of Mimik , in Oakland, Calif.,
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