Re:BYD doubles its Brazil market share to 9.7% a year after ...
by newyankee on Wednesday November 04, 2026 @01:49PM
(#50369866)
Surprisingly I have seen imported BYD Atto at 100% tariffs or so and Olectra buses which are actually BYD buses , probably CKU imported into India. Auto sector employment in India is seriously important as is the need for capturing a fair value even of EVs locally while on the other hand Oil & Gas imports have always been the biggest import bill and Forex drain so there are good incentives to move. It is just they do it slowly and in their own ways and the handful of capital intensive companies who tried getting LFP manufacturing into India failed as China scale cannot be replicated in India due to differing political systems and cultures, even today
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Re:BYD doubles its Brazil market share to 9.7% a year after ...
by darth_avocado on Wednesday November 04, 2026 @02:37PM
(#50370462)
India’s approach has been to allow the competition but at a tariffed rate that makes the imports slightly more expensive than the domestic products. This ensures local industry doesn’t get decimated but also doesn’t get complacent without competition. The consumers get the option to buy BYD, but it won’t be cheap.