TECH - Chinese EV Giant BYD Inches Closer To American Shores With Caribbean Dealership | Benzinga
Chinese EV maker BYD Co (OTC:BYDDY) (OTC:BYDDF) opened its first dealership in the Caribbean late last month, aggravating fears of it entering the U.S. market with its loss-cost EV offerings.
What Happened: The new dealership is located in the Republic of Trinidad and Tobago. Over 200 people attended the opening event on May 30, including Fang Qiu, Ambassador of the People’s Republic of China to Trinidad and Tobago, and Randall Mitchell, the Minister of Tourism, Culture, and the Arts of the Republic of Trinidad and Tobago.
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