BYD Marks 100,000th Electric Vehicle in Brazil, Prompting Calls for EU Tariffs The recent milestone reached by Chinese automaker BYD in Brazil should not have come as a surprise to anyone following the global shift towards sustainable transportation.
China's assertive approach to electric vehicle (EV) exports contrasts with the European Union's seemingly hesitant response.
BYD's Brazilian operation is notable for its scale, with an initial investment of over $1 billion and a production capacity of 150,000 vehicles per year.