Chinese automaker BYD, opens new tab unveiled the Shark, a mid-size hybrid-electric pickup truck, in Mexico on Tuesday, as its regional chief brushed off new U.S. tariff hikes on Chinese EVs, saying the company was not eyeing an entry to the U.S. market.
The Shark strengthens BYD's foothold in the North American market with a vehicle aimed directly at incumbents Ford, opens new tab, General Motors, opens new tab and Toyota, opens new tab.
It is for now only available in Mexico, executives said, and is the first time the world's largest electric-vehicle (EV) maker has launched a new product outside its home country.
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