Chinese EV Global Expansion & Trade Tensions

Chinese EV global expansion: $101B overseas investment, 15% BEV share in Europe, BYD surpassed Ford. BYD launches Racco kei car in Japan (sub-$14k, 200-mile range). WTO ruled against Türkiye's 40% tariff on Chinese EVs. Xpeng pitches as 'Chinese Tesla' in Europe. CATL grows global battery market share to 40.2%. Waymo bypasses 127.5% tariff by importing thousands of Zeekr vans for robotaxi fleet. China has 1M+ unsold EVs that could pressure global prices. July 2026 sales drops for Xpeng, Nio, and Li Auto reignite price war fears in China.