BYD in Talks with Automakers over European Factory Takeovers · TechNode
BYD is seeking spare factory capacity in Europe as weak domestic demand pushes the EV maker to expand overseas, Stella Li said.
- On Wednesday, Shenzhen-based BYD confirmed talks with Stellantis and other carmakers about taking over underused European facilities, Bloomberg News reported.
- Weak domestic demand prompted BYD to seek larger overseas markets, while Stellantis shocked investors with a €22-billion write-down on EV operations.
- The Cassino plant in Frosinone produced just 2,916 cars in the first quarter of 2026, a fall of 37.4%, while the historic Mirafiori plant in Turin produces only Fiat 500 models.
- "We are looking for any available plant in Europe," BYD Vice President Stella Li said, adding the company wants to "utilise this kind of spare capacity" and finds Stellantis' Maserati "very interesting."
- BYD is building a separate factory in Szeged, Hungary, scheduled to open in 2027, as Chinese EV makers increasingly seek production assets in The European market.
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12 Articles
BYD May Take Over Stellantis & Other Legacy Auto Factories in Europe - CleanTechnica
Support CleanTechnica's work through a Substack subscription or on Stripe. I just wrote an article yesterday about Chinese EV companies probably taking over the global auto market. And then what news do I see this morning? News that BYD is in talks with Stellantis and other European automakers about potentially ...
Why Are Chinese EV Makers Expanding Into Europe So Fast
Chinese electric vehicle makers are accelerating their expansion into Europe by targeting underused factories owned by legacy automakers, according to the report. Companies including BYD, Leapmotor and Geely Auto are seeking manufacturing footholds as demand for EVs rises across Europe. Chinese EV makers BYD and XPeng are reportedly looking deeper into Europe as demand slows in China and overseas growth becomes more important.According to Bloomb…
The company is in talks with the Stellantis automotive group, which produces Alfa Romeo, Citroën and Fiat, and possible countries include Italy.
BYD in talks with automakers over European factory takeovers · TechNode
BYD, which has expanded its new energy vehicle exports over the past two years, is considering acquiring factories in Europe from other automakers and has been in talks with several companies, according to sources. An executive in charge of overseas market expansion at BYD revealed in an interview that the company is negotiating not only with Stellantis, but also with other automakers over the potential takeover of a factory. The executive also …
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