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The Worldwide Car Industry Has Had Few New Entrants in the Past

Question 24

Multiple Choice

The worldwide car industry has had few new entrants in the past couple of decades due to very large entry barriers.How is BYD getting around these barriers?


A) In electric vehicles, the design is simpler than gas engines.
B) BYD started as a battery company and has strengths there.
C) BYD started by selling in emerging markets before developed ones.
D) All of these.

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