BYD faces structural weaknesses in global markets and is seeking a path forward amid an encirclement led by the US, Japan and India. Its struggles in the Japanese market show that these challenges are becoming increasingly apparent.
It has been reported that securing key markets is essential as BYD seeks to become the world's largest automaker.
The company's struggles in the Japanese market are seen as emblematic of its global strategy, and it has been pointed out that an encirclement led by the US, Japan and India is affecting its business expansion.
This situation highlights structural weaknesses that are making supply and sales more difficult in markets around the world, and trends in key markets could have a significant impact on its strategy going forward.