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BYD Expands Its Workforce in Xi'an by 8,000 Employees, and Localizes Operations in Europe to Hedge Against Trade Barriers.
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Not to export cars, but to become an integral part of European industry.This is the transformation that tells the path of Byd L'articolo How Byd invests in Europe to approach customers in an increasingly important market is taken from Forbes Italy.
BYD, China's leading new energy vehicle manufacturer, is simultaneously facing challenges on two fronts: sluggish domestic consumption recovery and a tightening overseas trade environment. The capital market reacted cautiously, with the stock closing at €8.60 on Thursday, a slight increase of 0.8% on the day, but a cumulative decline of 20% year-to-date. Major banks downgrade ratings, putting significant pressure on the sector. According to medi…
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