BYD Targets Global Sales Growth

This is a Thailand news story, published by Fortune, that relates primarily to EV news.

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Chinese EV companies

Fortune

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Southeast Asia becomes the 'most important' overseas market for Chinese EVs as the West turns to tariffs

Summary

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82% Informative

China ’s EV makers, big and not-so-big, have the same goal: Go global.

Global sales could help restore profit margins for the country's EV makers.

China 's EV companies are finding Western markets increasingly tricky to navigate.

Canada became the latest foreign government to throw up barriers to Chinese -made EVs.

Southeast Asia is the most important market for Chinese EV makers in the near term.

There are no major domestic auto brands that governments want to protect.

“You can literally go to the BYD Thailand website and they’ll show you the price of a BYD that’s imported into Thailand versus a BYD that’s made in Thailand . It’s cheaper for the made-in- Thailand version,” he says..

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Informative language

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formal

Language

English

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not offensive

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not hateful