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Chinese Automakers’ Emerging Market Takeover Playbook

80% Share in 3 Years

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When BYD overtook Honda in Thailand’s monthly sales rankings in late 2025, it completed a transformation that took less than three years. The Chinese automaker entered Thailand’s market in 2022 with imported vehicles and modest expectations. By 2025, it had localized production, adapted its product mix, and captured market share that Japanese brands had held for decades.

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