Visitors take a look at the Yangwang U8, a luxury plug-in hybrid sport utility vehicle made by China's BYD, at the Geneva International Motor Show on February 26, 2024. Chinese new-energy car firms are accelerating their overseas expansion. Data from the China Passenger Car Association shows that vehicle exports reached 5.22 million in 2023, a year-on-year increase of 54 percent. Photo: VCG
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