BYD Doubles Brazil Market Share, New Plant Under Construction
Published 2 d ago3 sourcesEvidence: Reported
BYD's October sales in Brazil jumped 137.6% year-on-year, lifting its market share from 4.2% to 9.7%. The company aims to lead the Brazilian auto market by 2030, signaling aggressive expansion in a key emerging market. This reflects growing competitive pressure on legacy automakers and underscores the accelerating EV transition in Latin America.
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