China’s ZEV Industry Invests More Abroad Than at Home for First Time
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BYD electric cars waiting to be loaded on a ship are stacked at the international container terminal of Taicang Port at Suzhou Port, in China’s eastern Jiangsu Province, on Sept. 11, 2023. AFP via Getty Images
News Analysis
China’s zero-emission vehicle (ZEV) industry is accelerating its overseas investment push amid overcapacity at home, thin profit margins, and growing regulations in its largest overseas market, Europe.
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