BYD (SEHK:1211) is in advanced talks to acquire idle manufacturing plants from Stellantis and other large European carmakers. The potential deals would give BYD existing European production capacity instead of relying only on exports from China or building new factories from scratch. The move is aimed at localizing electric vehicle production in Europe and could help the company reduce exposure to potential EU tariffs on China built cars. BYD operates across electric vehicles, batteries,…Read More
BYD Plant Talks In Europe Put Capital And Growth Trade Offs In Focus
Related Posts
Add A Comment
