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Chinese Electric Vehicles Surge In Latin American Market

It is reported that Chinese electric vehicles are expanding their influence in the Latin American market. In the first four months of this year, the sales of Chinese electric vehicles in the Brazilian market reached eight times that of the same period last year. Brazil has overtaken Belgium to become the largest export market for Chinese new energy vehicles. In April, China’s exports of BEVs and PHEVs to Brazil surged 13 times year-on-year to reach 40,163 units, making Brazil China’s largest export market for new energy vehicles for the second consecutive month.

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