CleanTechnica•2 months ago
BYD Has An Aggressive Plan To Expand Into Foreign Markets
- •BYD, a major battery and EV manufacturer, is aggressively expanding sales and production into Europe, South America, and the Middle East.
- •This expansion signals increased global competition and supply for battery energy storage systems (BESS), potentially impacting pricing and availability for developers and large power consumers.
- •Increased BYD presence in these regions could accelerate EV adoption and renewable energy integration, creating new opportunities for grid infrastructure development and flexible load management.
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