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Chinese EV Exports to Brazil Surge to Avoid New Tariffs

The BYD Dolphin is one of the automaker's most popular models. More than 280,000 units were sold last year in China and nearly 15,000 in Brazil. Image via BYD.

Brazilian imports of Chinese-made electric vehicles surged by almost 50% in the first quarter of 2024 compared to last year.

BYD and other Chinese automakers are rushing to get their vehicles into the market ahead of new import duties that will increase to 18% in July and reach 35% in 2026.

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