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China's BYD pushes into emerging markets amid policy uncertainty in the U.S., Europe
Given policy uncertainty around Chinese EV exports to major markets like the U.S. and Europe, BYD is seeking to bolster overseas sales by moving production to regions perceived as more friendly.
BYD is currently building facilities in Thailand and Brazil, and has also announced plans in Indonesia, Hungary and Uzbekistan.
Recently reported plans for BYD to move to Mexico have further flared calls to ban imports of Chinese EVs to the U.S.
19 Mar 2024
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