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BTCC / BTCC Square / Global Cryptocurrency /
BYD Faces Brazilian Backlash as EV Expansion Sparks Trade Tensions

BYD Faces Brazilian Backlash as EV Expansion Sparks Trade Tensions

Author:
Global Cryptocurrency
Published:
2025-06-19 14:54:02
18
2

BYD's aggressive export strategy into Brazil has triggered a fierce industry backlash, with shares of the Chinese EV Maker sliding nearly 2% amid growing trade tensions. The company's deployment of specialized cargo ships—including one carrying vehicles spanning 20 football fields—has delivered 22,000 units to Brazilian ports this year alone.

Domestic manufacturers are demanding immediate government intervention, urging authorities to fast-track a 35% EV import tariff originally slated for 2025. The dispute highlights the geopolitical friction emerging as China's automotive giants circumvent traditional trade barriers through maritime logistics networks.

|Square

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