- China's electric-vehicle makers are increasingly venturing abroad as the country’s car exports surge.
- Led by Warren Buffett-backed BYD Co., Chinese EV makers have launched a dozen own-branded models across 16 countries.
- Chinese EVs pose more of a challenge to Japanese and European rivals in developed markets than did China’s cheaper gas-powered cars.
- Chinese brands made up about 5% of the European EV market last year and may reach 15% by 2025.
- In Norway, five Chinese car makers registered almost 7,000 EVs last year, making up about 5% of the country’s EV registrations.
Tesla Rival BYD Leads Push to Sell Chinese EV Brands Around the World
Outselling foreign brands at home, China’s EV manufacturers are targeting buyers from Europe to Australia
Selina Cheng
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