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Chinese automakers target full-hybrid market; BYD posts $1.2B profit
South China Morning PostLO·CN·3 days ago
BYD introduced its first sedan in Argentina, a plug-in hybrid with up to 1600 km range, and is offering a US$1000 bonus during September. This marks BYD's expansion into Argentina's passenger car market, potentially intensifying competition with established automakers. The move signals growing Chinese EV presence in South America, but market impact depends on local adoption and regulatory environment.
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