BYD Brings Price War to Japan in Bid to Win Over Customers
NegativeFinancial Markets

BYD Co., the Chinese electric vehicle manufacturer, is facing challenges in gaining traction in the Japanese market more than two years after its entry. Despite its efforts, the company has not yet succeeded in winning over local drivers, highlighting the competitive landscape of the electric vehicle sector in Japan. This situation is significant as it reflects the difficulties foreign companies can encounter when trying to penetrate established automotive markets.
— Curated by the World Pulse Now AI Editorial System