China’s BYD automaker charges triple for its exports—here’s why

The overseas upcharges allow BYD to make a profit not possible in the saturated Chinese market. U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. But so far, China’s top EV maker, BYD, has dramatically hiked export prices compared to what it charges at home rather than undercut foreign rivals....