BYD is preparing to export its Racco K-Car EV technology—specifically its X-PACK integrated battery system—from Japan to global markets, targeting affordable small EVs for Europe, Southeast Asia, and Latin America. The company's new Hungarian factory (launching 2026) could produce these vehicles while avoiding EV import tariffs. With 52.57% of BYD's first-half revenue now from overseas sales and strong early Racco demand (1,002 orders in two weeks), this represents a strategic pivot to leverage compact vehicle engineering for emerging markets seeking affordable electrification.
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