BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out
Baua Electric
MARCH 28, 2024
The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.” Meanwhile, after launching in Japan last year, BYD already accounted for 20% of Japan’s EV imports in January, a market dominated by Toyota. Its main target is gas-powered vehicles.
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