Local brands dominated new car sales this year, with BYD leading the charge as it expands internationally, preparing factories in Hungary, Thailand, Turkey, and Brazil. Despite not selling in the US, BYD's production capacity surged, and it reported record quarterly revenue, surpassing Tesla for the first time. As legacy automakers struggle, BYD's hybrid lineup and strong demand in China position it to potentially outpace Ford in total deliveries, marking a significant shift in the global automotive landscape.
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