The number one challenge to expansion for BYD is geopolitics, Stella Li, BYD's executive vice president, said on Thursday, months after the Chinese company's chairman said it aims to become the world's largest automaker within five years.
Buenos Aires is hosting its first Chinese auto show on Friday as Argentina's car market under President Javier Milei has shifted from heavy protectionism to a more open and competitive environment.
Chinese electric-vehicle makers recorded subdued September sales growth that pointed to slowing demand in the world's largest auto market, sending shares lower in Hong Kong.
Chinese electric vehicle maker BYD's global sales rose for a fifth straight month in September, buoyed by strong exports that have increasingly become a key pillar offsetting persistently weak demand at home.
China's Geely responded to the challenge posed by rival BYD on Wednesday with a system that can charge an EV in just four minutes, the industry's fastest speed.
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