US Protectionism Drive BYD to Focus on Emerging Markets

Investment Analysis Clubs Macro Economic Trends and Risks
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BYD bought an old Ford plant in Brazil in which they will manufacture EV & hybrid vehicles. And BYD is on track to nail down a Mexico production site this year.
Likely the Big 3 will suffer loss of sales in Asia, Latin America, Middle East & Africa [and I believe Europe as the imposed tariff will be much less than what the US is imposing] as BYD

Besides vehicle production BYD will be investing in battery production and raw material mining for batteries in these locales also.

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I really wish we could get them here. The Han and the Seal models are very nice and extremely cheap by comparison.

Maybe we can buy them in Mexico and just drive it across the border. :wink:

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Do you remember when US companies began to focus on international markets for their products? A learning curve is involved as companies learn what foreign markets, cultures, and buyers require.

BYD seems to be making the transition. Probably with an eye on the US market but one step at a time. Easier to adjust and correct mistakes in a smaller market.

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Count me in!!! I am determined to keep my tiny ICE Renault running until that blessed event…

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At least as far as Ford and GM are concerned, they are turning away from “developing” markets in their quest to maximize short term profit. Both Ford and GM have abandoned India, and most of Africa. Ford has entirely abandoned South America. GM has abandoned Europe. Both have shuttered their factories in Australia. Both are failing to compete effectively in China.

…because the fat, easy, profits are here in Shiny-land, cranking out vehicles too huge to be relevant in the rest of the world.

Steve

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China’s exports likely grew more quickly and for a second month in May thanks to improving overseas demand, giving officials some comfort as they navigate numerous challenges at home to shore up an uneven economic recovery.

Trade data for May is expected to show outbound shipments grew 6.0% year-on-year by value, according to the median forecast of 32 economists in a Reuters poll on Wednesday, up from the 1.5% increase recorded in April.

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