TP’s Substack • 22 implied HN points • 21 Dec 24
- Cars in Global South countries tend to be smaller and more fuel-efficient compared to those in the United States. This is important for companies like BYD to consider when entering these markets.
- BYD's current models may be too large for many consumers in the Global South, where smaller vehicles are preferred. They need to develop smaller cars and hybrids to better fit local preferences.
- The charging infrastructure in these regions is lagging behind, meaning that practical and affordable vehicles are crucial. BYD should focus on making adaptations for local markets to increase sales.