Chinese Automakers Prepare For An Onslaught Of Foreign Factories To Flood The Global Market

Chinese Automakers Prepare For An Onslaught Of Foreign Factories To Flood The Global Market
Chinese carmakers are building up overseas production capabilities, signaling a shift from their exports-based go-global strategy.
 
BYD rolled out its first Brazil-made passenger vehicle from its factory in Bahia state last week, marking a new milestone in its global expansion.
 
"From breaking ground to the first car rolling off the production line, it has only taken us 15 months.
 
"This achievement heralds a new chapter for BYD and sustainable transportation in Latin America," said BYD Executive Vice-President Stella Li.

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