Yeah BYD will survive, but smaller brands like hiphi, neta, nio, LI auto, etc. There are more than 160 different Chinese brands trying to enter the markets. Most of them will or have already failed in Europe, even if they are active in other countries.
Plenty of new European brands have also failed for the same reasons.
They are not all “smaller” brands. BYD SAIC CHERY etc are fucking giants.
Yeah BYD will survive, but smaller brands like hiphi, neta, nio, LI auto, etc. There are more than 160 different Chinese brands trying to enter the markets. Most of them will or have already failed in Europe, even if they are active in other countries.
Plenty of new European brands have also failed for the same reasons.