I've heard they acquired an adjacent piece of land zoned only for final assembly and there are plans to build another 400k capacity there for a total of 700
still going to hurt all the German automakers that export expensive models into China. BYD clearly has its plans of building EVs in EU. If they impose tariffs also on BYD production in Europe, then its game over for Germans in China, because something like 25 to 50% tariff on those JV production will make this lose out over night to domestic competitors
Won't go any further because it would be beating a dead horse, but you actually proved my point. PHEV/EREV is not just low end (as you originally stated. Actually as noted by @4Runner, the complexity negates the possibility of lowest end like Wuling line)
Blackberry phone also went up in sale when iPhone initiated the smartphone craze. But make no mistake, it is not reflective of technology itself. It is also not going to be long term. PHEV is the blackberry in this case.
Brazil might have similar GDP (PPP) per capita than China. But Brazil is also a highly unequal society. Much more than China. So the pressure to sell the cheaper cars there will be much larger I think. Because the society is highly stratified Chinese luxury car vendors might also experience some success there. As long as their cars are bulletproof. Armored cars are a thing for the wealthy in Brazil.
