BYD surges past Honda and Nissan’s sales for the first time, targets Ford with low-cost EVs
Baua Electric
AUGUST 23, 2024
With low-cost EVs hitting key global markets, BYD is quickly catching up to Ford. It opened its first in Thailand last month, with Hungary, Brazil, Turkey, Mexico, and Pakistan plants in the works. Despite many headlines promoting an “EV slowdown,” sales are still climbing while gas-powered vehicles fall out of favor.
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