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The growth is spearheaded by BYD. Seven out of 10 EVs sold in the country are from the brand, which also leads hybrid sales.
The electric vehicle maker's move to buy the plant is the latest example of Chinese firms outmuscling US rivals across Latin America.
Brazil, the world’s sixth-largest auto market, is seeing a surge in EV sales—and BYD is leading the charge. Seven out of 10 ...
BYD is building an SUV on the same 1,000-volt Super E platform, the Tang L. It's a medium-sized crossover with similar stats to the Han L. Pricing for that one starts at 229,800 yuan ($31,268 ...
The BYD Han was the first EV to use the Blade battery ... footprint in Europe (Hungary and Turkey), South America (Brazil), North America (Mexico), and Asia (Thailand and Indonesia).
The first vehicles underpinned by this architecture are the BYD Han L sedan and Tang L SUV. EV adoption has slowed down lately, mostly because most early adopters have already bought an electric car.