After scaling up in their home market, Chinese factories are starting to supply EVs to the rest of the world
at about 26,000 pounds . And Shenzhen-based BYD, which stands for Build Your Dreams, last month launched three EVs for sale in Europe at the Paris Motor Show, including the compact Atto 3 SUV.Wei Jianjun, chairman of Great Wall Motor, which is launching a new budget EV in Europe called the Ora Funky Cat, said the company is still learning how to cater to different tastes and demands in overseas markets.
In an emailed statement, BYD said it is selling electric cars and buses in dozens of countries and is leaning on local employees for a “solid understanding of the local markets.”“In the future, BYD’s [electric] cars will enter more markets and will be manufactured as well as sold globally,” the company added.
And during the auto show, Macron walked past the BYD display without “taking the briefest of glances at the Chinese stand,” according to Schmidt, who attended the show and interpreted Macron’s walk-by as a snub — and a sign that protectionist measures could increase in the E.U., where import tariffs on Chinese vehicles are currently 10 percent.
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