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#ChineseCar #NewEnergy #ElectricVehicles China is becoming the fastest-growing car supplier in Russia. In 2022 alone, China's car sales to Russia tripled! Three Chinese car companies - Chery, Haval and Geely - were among the top ten in Russia's sales list. You may feel a little confused, why is there no BYD? In fact, except for the Chinese market, in all other countries in the world, BYD's sales cannot rank among the top ten. The reason is simple: BYD's globalization started too late. Chery, Great Wall and Geely are all Chinese key auto brands in the era of fuel vehicles. They used the money earned from fuel vehicles early on to start globalization. Among them, Chery and Great Wall mainly adopt a localization strategy, that is, build factories locally and sell locally. Great Wall's Tula plant was announced to be completed and put into production in August last year, and Chery found a Russian local car company UAZ Automobile Factory for joint manufacturing. Geely mainly adopted investment and mergers, acquired the Malaysian national brand Proton, and quickly jumped to the second place in the Malaysian car sales list by utilizing the production capacity of the local factory. And BYD's new energy vehicle sales explosion began in 2021, only 2 years from now. BYD's overseas channels, overseas factories and overseas brand awareness do not have advantages. In addition, in the Russian market, BYD has an inherent disadvantage. Russia is a high-latitude country with cold weather, long winters, abundant oil, cheap gasoline, and gasoline vehicles are the mainstream vehicles. Moreover, Russia is a country highly dependent on oil taxation and has no interest in promoting electric vehicles. Therefore, the top 20 sales in the Russian car market do not have an electric car.