BYD plans four Europe factories as EU tariff pressure rises
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4 Articles
Sources from the French press announce that BYD is already looking for a new location to open a plant in Europe after the situation in Hungary is problematic because the chief of Budapest does not agree with the BYD policy of the Orban regime. Under the rule of Viktor Orban strategy was clear to make Hungary a [...]
The Chinese carmaker is starting mass production in Hungary and is already considering new facilities in Spain, France and Italy – Another missed opportunity for Greece?
BYD is far from having finished with its European expansion. While the Chinese giant has opened a first production site in Hungary, it is seeking to acquire more. For the time being, the choice of location is not yet stopped, however two countries are among the favorites. Of which France.
BYD plans four Europe factories as EU tariff pressure rises
BYD is planning four factories in Europe over the long term as it works to meet local manufacturing rules and expand its customer base. The Chinese electric vehicle maker wants three vehicle assembly plants and one EV battery plant, according to company adviser and former Fiat Chrysler executive Alfredo Altavilla.
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