Cheap Chinese EVs Flooding Brazil Raises Concerns Among Local Manufacturers

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As Brazil has become one of the most important target markets for China’s automakers to absorb their electric vehicle (EV) overcapacity, local auto industry and labor associations have expressed growing concerns over the impact of the flood of cheap Chinese cars.

China’s largest EV and plug-in hybrid car company BYD has shipped four batches of its products to Brazil so far this year, totaling about 22,000 vehicles.

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