Chinese electric vehicle (EV) brand BYD has been making waves in the US market, but a new trend suggests the company may be losing momentum at home. Despite its growing presence in the US, BYD's sales are declining in its domestic market, a development that could potentially create new opportunities for American automakers to compete. As BYD struggles to regain its footing in China, US car manufacturers may see a chance to capitalize on the shift and gain ground in the global EV market. Experts weigh in on what the US can do to take advantage of this situation and finally level the playing field in the EV competition.
The Chinese EV brand feared by American automakers is losing ground at home. Here’s how the US could compete Yahoo Finance