BYD controls roughly 70% of Mexico’s EV market, with cheap vehicles attracting middle-class buyers seeking alternatives to rising gasoline costs and traditional electric cars.
BYD controls roughly 70% of Mexico’s EV market, with cheap vehicles attracting middle-class buyers seeking alternatives to rising gasoline costs and traditional electric cars.
You’re saying “a lot of evidence” like it’s some esoteric choice. It’s in their most recent 5 year plan:
That’s their goal, and they have a poorer population on average than western states, so it’d seem like “dumping” when it’s just them not marking up their cars for the west.