BYD in Talks with Stellantis, Others for Europe Plants, Bloomberg News Reports
BYD is seeking plants with spare capacity as overseas EV sales rose 70% last month, company data showed.
- On Wednesday, Executive Vice President Stella Li told Bloomberg that BYD is negotiating with Stellantis and other European automakers to acquire underutilized factories across the continent.
- BYD is doubling down on European markets to drive growth this year, capitalizing on surging electric vehicle demand as fuel prices spiked following the Middle East conflict.
- China's electric vehicle leader sold 456,253 vehicles overseas through the first four months of 2026, including 135,000 last month, up 70% from April 2025 and outselling Tesla and Kia in the UK.
- Meanwhile, Ford is in advanced talks with Volvo owner Geely to sell part of its Valencia, Spain plant, while Stellantis discusses transferring its Figuruelas facility to Leapmotor International's Spanish subsidiary.
- BYD began trial production in Hungary earlier this year and expects to open a $1 billion plant in Turkey by year-end, while expanding its Denza luxury sub-brand to 30 countries this year.
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Among the sites with the lowest production levels is that of Cassino. Byd, the world's leading electric car manufacturer, is also talking to other European manufacturers. Appreciation for Maserati
The vice-president of the Chinese manufacturer said that the group is discussing with Stellantis, but also with other companies, to make its models there.
The front of Chinese brands in search of factories in Europe expands and Stellantis ends up again at the center of negotiations. Beijing's latest carmaker hunting for factories in the Old Continent to come out is BYD, the world's largest manufacturer of electric vehicles that is putting to the ground an international expansion plan. He is dealing with the managers at Bloomberg News . He has explained the purchase of industrial sites and has admi…
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