China's dominance in the global electric vehicle market is evident as the country plans to flood the world economy with cheap EVs. Brazil emerges as a key market for Chinese EVs following trade dynamics with the US and the EU. Chinese automaker BYD recently arrived in Brazil with over 5,400 cars, showcasing China's ambition to capture global EV markets.
China 🇨🇳 has come to dominate the global EV market 🚗🔋 https://t.co/4Z4xgbnPZI
China’s EV sales this year will be staggering 10 million! 🔥 That’s 6x the USA, which has essentially banned Chinese electric cars. But no worries. China will capture the EV markets in rest of the world. From Indonesia to Brazil, countries are inviting Chinese car makers like… https://t.co/SzeUGvkhUe
China’s plan to sell cheap EVs to the rest of the world https://t.co/0QDENTywT1
Brazil will be a key market for Chinese EVs since the US has cut itself off & the EU is getting closer to import barriers. "Last week the Chinese automaker BYD landed in Brazil with more than 5,400 cars aboard a single ship. https://t.co/xtyI28TMlD #geopolitics #politics… https://t.co/wpbm3rV6a8
If Chinese electric vehicles are about to flood the world economy, then Brazil is a case study worth watching https://t.co/T15RjDYir1 via @economics