# BYD doubles Brazil market share to 9.7% after opening local plant

BYD doubled its Brazilian auto market share to 9.7% one year after opening a local plant. The Chinese EV maker's growth signals rising competition in Latin America's largest auto market and increasing pressure on established automakers.

**Importance:** 3/5

## Sources

### Technology
- [Hacker News](https://www.bloomberg.com/news/articles/2026-11-03/china-s-byd-doubles-market-share-in-brazil-with-new-plant-eyed) — Wed, 04 Nov 2026 17:55:29 +0000