China’s EV pirate ship is coming for Western carmakers
AI Summary
Chinese EV manufacturer BYD is expanding its reach in Western automotive markets, challenging established carmakers. The US market remains one of the few areas where BYD has been kept out, with geopolitical tensions complicating market entry.
The U.S. is the one major auto market that has kept BYD out. But this will not end well unless the West unites.