Chinese EVs soar in Brazil, threatening Fiat, GM and VW dominance

Chinese EVs soar in Brazil, threatening Fiat, GM and VW dominance

FILE PHOTO-Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. REUTERS/Aly Song/file photo

Brazil’s demand for inexpensive electric vehicles and plug-in hybrids has seen sales of Chinese autos swell eightfold in the country this year, cutting into Western automakers’ hold over the market.