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Brazil, Turkey, Indonesia and many other countries turned sour on importing chinese EVs in favour of some kind of protectionism. Most developing countries dont
by kwere 2y ago
Brazil, Turkey, Indonesia and many other countries turned sour on importing chinese EVs in favour of some kind of protectionism. Most developing countries dont have the infrastucture for EVs. Europe hit BYD with a 17 % tariff (10% being the standard)
- marcodiego 2y agoBYD has factories in Brazil: https://valorinternational.globo.com/business/news/2024/09/04/byds-first-factory-warehouse-in-brazil-to-be-ready-in-october.ghtml https://valorinternational.globo.com/business/news/2024/09/0... https://en.byd.com/news/byd-company-announces-first-factory-in-brazil/ https://en.byd.com/news/byd-company-announces-first-factory-...
- bdangubic 2y agowhy does that matter?! :)
- teractiveodular 2y agoWhen they're locally built, tariffs don't apply. Like Japanese, Korean and European car manufacturers, BYD will do the same in Mexico and eventually the US if necessary.
- deleted 2y ago[deleted]