Trade Tensions

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BYD Accelerates Expansion in Spain's EV Market

2025年09月24日(水) AIによるレポート

Chinese electric vehicle manufacturer BYD is rapidly gaining ground in Spain through aggressive pricing and swift dealership growth, challenging European automakers amid rising trade tensions. The company's strategy has propelled it to a notable market share in a short time, drawing both consumer interest and regulatory scrutiny. This expansion highlights broader shifts in the global automotive industry as affordable Chinese EVs flood Western markets.