Cheap Chinese EVs Flooding Brazil Raises Concerns Among Local Manufacturers

Date:

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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

More Iranian Women Soccer Players to Leave Australia

Australia NewsIran's players salute during the national anthem before...

Cory Morgan: Other Provinces Should Follow Albertas Lead to Rein In Ideological Policing by Regulators

ViewpointsOpinionAuthor, media commentator, and clinical psychologist Jordan Peterson addresses...

Iranian State Media Says 3 UAE Ports Legitimate Targets

Fire and plumes of smoke rise from an oil...

Former Brazil President Bolsonaros Kidney Function Worsens but Pneumonia Stabilized, Hospital Says

Former President Jair Bolsonaro leaves DF Star Hospital after...