Electric-Car Brand BYD Leads Race to Make Cheap EVs, Despite Tariffs - Bloomberg

The Chinese company is flooding markets with its cars—while the US is doing everything it can to keep the booming brand out.

Malta, a tiny archipelago in the Mediterranean Sea, might not seem worth the attention of a disruptive new car brand. The nation of just under 564,000 is known as a sunny tourist destination with limestone sea cliffs, ancient temples and lax regulation. About 7,200 new cars were registered in the country last year, approximately one-seventeenth the volume sold in a single day in the US. Yet the Maltese market isn’t too small for BYD Co., the Chinese electric-vehicle giant.