With Sales Slowing at Home, Chinese EV Giant BYD Looks to New Markets in the Global South
September sales of New Energy Vehicles (NEVs) in China increased at the slowest pace in five months , providing fresh hints that relentless COVID lockdowns and a slowing Chinese economy may be taking a toll on the Chinese consumer. “The recovery trend is far lower than our expectation. The market is overall relatively weak,” said Cui Dongshu, secretary general of the China Passenger Car Association (CPCA). … Get a daily email packed with the latest China-Africa news and analysis. Read exclusive insights on the key trends shaping China-Africa relations. Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South. China, Africa and the Global South... find out what’s happening. Subscribe today for unlimited access. Monthly $15/mo OR Yearly $149/yr (17% Savings) Already a subscriber? Log in Click Here to Learn More The post With Sales Slowing at Home, Chinese EV Giant BYD Looks to New Markets...