BYD's Brazil push raises concerns over Chinese car imports

Brazil's automotive lobby warned that the government’s support for Chinese electric‑vehicle maker BYD could encourage other manufacturers to import more vehicles from China, potentially reducing local production. Anfavea president Igor Calvet cited Volkswagen’s large Chinese operations as an example, noting that companies might find it cheaper to build abroad and assemble only in Brazil. He cautioned that such a trend could lead to de‑investment and loss of confidence among multinational automakers.

At the same time, BYD announced an ambitious goal to become the world’s largest automaker by 2030, relying on rapid‑charging LFP battery technology and expanding sales in Brazil, Southeast Asia, Europe, Australia and the Middle East. The company’s chairman Wang Chuanfu highlighted a projected surge in global EV deliveries. In contrast, Japanese rival Nissan faced a turbulent shareholders’ meeting, with investors demanding reforms and even the return of former CEO Carlos Ghosn, underscoring the competitive pressures within the sector.