Four years after the United States-Mexico-Canada trade agreement (USMCA), Mexico and the U.S. face the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining GM, Ford, and Tesla.
  • nekandro@lemmy.mlEnglish
    71·
    6 months ago

    In this case BYD lacks a local factory and their profit margins are significant enough that they don’t maintain region-specific frame SKUs IIRC.

    FWIW the Chinese market is one of the biggest for Volvo because Chinese consumers care about (perceived) safety.