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China’s EV Makers Are Facing a Reality Check in Southeast Asia

Summary by Bloomberg
On a recent Thursday morning in Hanoi, Chinese electric vehicle giant BYD Co. began the day with a showroom devoid of customers. Just a few kilometers away, a dealership for upstart Vietnamese EV maker VinFast Auto Ltd. was buzzing, with would-be buyers pouring over new models.

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Bloomberg broke the news in United States on Sunday, March 2, 2025.
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