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China's BYD Floods Europe with Affordable Electric Cars, Clashing with Obsolete Tariffs
The surge of Chinese electric car manufacturer BYD into the European market is reshaping the automotive landscape, challenging traditional perceptions and highlighting the need for updated trade policies. BYD's strategy of offering low-cost, high-quality electric vehicles has sent shockwaves through the industry, prompting a reevaluation of the role of tariffs in the rapidly evolving global economy.
9 months ago