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Four years after the United States-Mexico-Canada trade agreement (USMCA), Mexico and the U.S. face the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining GM, Ford, and Tesla.
In this case BYD lacks a local factory and their profit margins are significant enough that they don’t maintain region-specific frame SKUs IIRC.
FWIW the Chinese market is one of the biggest for Volvo because Chinese consumers care about (perceived) safety.