BYD, the leading electric vehicle manufacturer in China, has launched its first plug-in hybrid pickup truck, the Shark, in Mexico. This debut marks a significant move for BYD as it aims to penetrate the North American market, particularly on the doorstep of the world's largest pickup market, the United States. Despite this strategic entry, BYD has no current plans to sell the Shark in the U.S. market. Chinese brands, including BYD, account for about 87% of electric vehicle sales in South America and 20% in Mexico. The global launch event took place in Mexico City on Tuesday, amid rising U.S. tariffs on EVs.
China's BYD launches hybrid pickup in Mexico as U.S. hikes EV tariffs https://t.co/QXugLqPcCk
BYD's first truck, the Shark, will be distributed globally but not in the U.S., the biggest pickup market. https://t.co/tEZ19qFkQd
⚠️ China's BYD launches mid-size hybrid pickup in Mexico Full Story → https://t.co/pjX4nbrR8L
China's BYD launches mid-size hybrid pickup in Mexico https://t.co/QQce3DUhyI https://t.co/bmSLHcuIAo
BYD has been frozen out of the U.S. market so it’s debuting its first hybrid pickup truck in Mexico. https://t.co/zFI23mETbH
Announcement coming at same time as BYD global launch of pick-up truck in Mexico happening in 2 minutes… amazing timing https://t.co/ZGi7CNM1XM
"#BYD, the EV leader #China, plans to debut its Shark plug-in hybrid truck Tues at an event in Mexico City...BYD has said previously it doesn’t have plans to sell in the US—the biggest single market for pickups—at the moment" https://t.co/KQWXpyXg23
Five key facts to know about the new BYD Shark pickup truck - Technode https://t.co/h8TdNfuy94
China’s leading EV-maker BYD was set to debut its first truck Tuesday in Mexico, next door to the world’s largest pickup market. https://t.co/YYpQt0SkXG
EV alert: BYD, the leader in electric vehicles in China, plans to debut its first truck in Mexico, making a splash on the doorstep of the world's largest pickup market. Chinese brands account for about 87% of EV sales in South America and 20% in Mexico. https://t.co/KR9bJAt499
EV alert: BYD, the leader in electric vehicles in China, plans to debut its first truck in Mexico, knocking on America's doorstep. Chinese brands account for about 87% of EV sales in South America and 20% in Mexico. https://t.co/KR9bJAtBYH
BYD, the leader in electric vehicles in China, plans to debut its first truck in Mexico, next door to the world’s largest pickup market https://t.co/E9UHOgHcAH