Keegan Matheson on Blue Jays, Baseball Memories, and More | SaltWire #writer #torontobluejays #mlbBEIJING - Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union's anti-subsidy probe into Chinese electric vehicles.
Several Chinese automakers have already started increasing investments for local production in Brazil. BYD has started building a manufacturing complex there to begin local production by year-end or in early 2025 and Great Wall Motor has said that its Brazil plant would begin operations this month. Russia, which is subject to Western sanctions, is expected to remain China's largest car export market, said CPCA secretary general Cui Dongshu.
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