By: InvestorBrandNetwork (IBN)
June 24, 2025
BYD Ships Thousands of Electric Vehicles to Brazil Ahead of Tariff Implementation
Chinese vehicle giant BYD is shipping thousands of electric vehicles (EVs) to Brazil ahead of a progressive tariff program that will make importing EVs to the South American country increasingly costly. As China was locked out of the lucrative European and American auto markets via import tariffs, Chinese carmakers began looking for alternative markets to sell their affordable electric cars.
In the U.S., enterprises like Massimo Group (NASDAQ: MAMO) have an opportunity to…
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