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BYD bets on overseas growth and rapid charging to replace US sales
business1 month ago

BYD bets on overseas growth and rapid charging to replace US sales

BYD says it can thrive without the US market, shifting focus to Europe, the UK and other regions where demand is rising, supported by its flash-charging technology that can add hundreds of kilometres in minutes—and by expanding overseas supply. The company, which recently overtook Tesla as the world's largest EV seller, notes domestic competition is fierce and margins are under pressure, while US tariffs and regulatory scrutiny remain a hurdle.