Part 8/12:
For example, Chinese EV manufacturers, such as BYD, dominate the global scene but face restrictions in key markets. Countries like Europe and Indonesia are both cautious and welcoming—the former probing China's practices, the latter actively embracing Chinese EVs with incentives to develop regional markets.
China disputes overcapacity accusations, asserting it simply has the scale and capacity to meet global demand. Meanwhile, Chinese firms are increasingly looking elsewhere, especially Southeast Asia, where markets like Indonesia and Vietnam are experiencing rapid EV adoption fueled by government incentives and youthful populations.