China's leading automobile manufacturer, BYD, has launched its electric vehicles in Argentina. The move takes advantage of the government's decision to lift import tariffs on electric and hybrid vehicles, a significant boost for the company's expansion in South America.
Among the newly introduced models are the electric Yuan Pro SUV, the Song Pro plug-in hybrid SUV, and the Dolphin Mini, all priced below $16,000 before taxes and fees. This aligns with Argentina's policy allowing up to 50,000 tax-free electric and hybrid vehicles by 2026, reflecting China's dominance in this sector.
Despite some resistance in Brazil, BYD sees Argentina as a promising market for electromobility, with plans to import 7,800 vehicles. The country's car dealers forecast a surge in demand, while the overall car