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Why BYD’s EV exports sell for twice the China price – Autoblog

LONDON — U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China’s top EV maker, BYD, has dramatically hiked export prices compared to what it charges at home rather than undercut foreign rivals. The goal: to rake in …

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BMW to Invest $2.8 billion in China for its Shenyang Plant

At the 2024 Beijing Motor Show, BMW has announced a substantial investment of 20 billion yuan ($2.8 billion) in its Shenyang production plant in China, signaling a strong commitment to the Chinese market and an aggressive expansion strategy. This new infusion of capital brings the total investment in the plant to approximately 105 billion yuan. …

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