Weekly Recap: 130.8% YoY NEV export surge and ramp-up of overseas assembly
BYD Company Limited Class H (SZSE:002594) drove a surge in China’s NEV exports — shipping 183,746 cars in August (35.4% of passenger NEV exports) as China’s exports doubled — while accelerating local production in Brazil and Hungary and eyeing Turkey and Spain, all under new overseas operation rule…