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World Business Report
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Economic Shifts and EV Expansion
This chapter explores Argentina's recent fiscal challenges and successes in combating inflation under President Millet, highlighting the economic trade-offs involved. It also delves into the rise of Chinese electric vehicle manufacturers like BYD, particularly their new Dolphin Surf model, and the competitive pressures they bring to the European market. Additionally, the chapter discusses geopolitical factors, including tariffs from the US and EU, aimed at protecting local industries from the increasing influence of Chinese automotive companies.
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