BYD Brazil opens 100th dealership
BYD expands retail network in Brazil.
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(Bloomberg) -- Shut out of US markets and under fire in Europe, China’s electric carmakers are zeroing in on the countries where they’re welcome. One of the big ones is Brazil.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyWith a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulencePutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touches 40,000 Before Pulling Back: Markets
BEIJING: Shut out of US markets and under fire in Europe, China’s electric carmakers are zeroing in on the countries where they’re welcome. One of the big ones is Brazil.
Chinese electric carmaker BYD announced it will invest $620 million to build a new electric vehicle industrial complex in Brazil.
Chinese electric carmaker BYD announced it will invest $620 million to build a new electric vehicle industrial complex in Brazil.