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BYD sees bigger profits on some EVs sold in the EU than in China, even with tariffs

By electrek.co 06/13/2024 - 21:37 06/13/2024 Electrek

After the EU announced new tariffs on Chinese EV imports, BYD is subject to an additional 17.4% duty. However, with BYD reportedly generating higher EV profits on models like the Seal U in the EU than in China, the EV leader is expected to overcome the impact. Read more…