A BYD Dolphin electric vehicle is displayed at a store in Changzhou, Jiangsu province. Photo: VCG via Getty Images
Chinese electric vehicle companies find a niche making short-haul delivery trucks for Japan
- Tokyo’s SBS Holdings recently struck a deal to buy 2,000 Chinese-made light EV trucks over five years from Japanese EV start-up folofly
- Japan is not a huge market for EVs – market penetration is just 1 per cent – but Chinese carmakers sense an opportunity
A BYD Dolphin electric vehicle is displayed at a store in Changzhou, Jiangsu province. Photo: VCG via Getty Images