China's BYD pushes into emerging markets amid policy uncertainty in the U.S., Europe
Publishing timestamp: 2024-03-18 19:24:56
Summary
BYD is seeking to bolster overseas sales by moving production to regions perceived as more friendly due to policy uncertainty around Chinese EV exports to major markets like the U.S. and Europe. The company is expanding in Southeast Asia, Brazil, and has plans for factories in Mexico, Hungary, Uzbekistan, and Indonesia. Despite rising barriers to the U.S. market, BYD is pushing hard overseas in the race against Tesla for the global electric car market.
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Keywords: business news, tesla inc, transportation, electric vehicles, autos, vinfast auto ltd, politics, technology, byd co ltd, breaking news: business, business,