How Chinese EVs Won Brazil — And Left U.S. Automakers Behind

On the streets of Rio. It's not hard to find electric vehicles from China. I've seen a lot of BYD cars on the streets and many electric cars because of the price.Everyone is getting on board. There are a lot of Chinese cars on the streets. Brazil is South America's largest auto market, and the country is quickly becoming the next frontier in China's EV expansion.In 2024, Brazil imported around 138,000 EVs and hybrids from China. That number is up nearly 100,000 from 2023. The momentum in South America mirro ...