BYD, the world's largest EV seller, has no immediate plans to enter the US market due to market complexities and challenges.

China's BYD, the world's largest EV seller, has no plans to enter the US market any time soon. Despite surpassing Tesla last year, BYD Americas CEO Stella Li stated the company is not planning a US expansion due to the market's complexity and challenges. Analysts cite geopolitical challenges and weak demand as factors that would make it difficult for BYD to successfully enter the US market.

March 09, 2024
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