How BYD plans to shake up the Australian EV market
Trade barriers, an oversupply of EVs and flagging growth in China and the rest of the world has driven Chinese automakers to focus on easier markets like Australia.
Tokyo | Outside Chinese electric vehicle manufacturer BYD’s state-of-the-art Shenzhen headquarters, a glossy red electric sports car starts dancing.
The body of the Yangwang U9 ripples on its suspension, like one of those low-rider hydraulic cars favoured by hip-hop artists in the 1990s.
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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com