China’s BYD Looking To Open Two Factories In Europe via insideevs.com
BYD, the Chinese vehicle manufacturer that will launch its first EVs in Europe in the coming months, is looking to also open two factories on the continent.
The company is eyeing locations in both the east and west of the continent, although it will probably prefer those more developed countries where EV demand is already high and growing .to not only meet this growing demand, but also avoid the high tariffs that have been imposed on Chinese imports by the European Union, which like the United States wants to move production back from the People’s Republic.
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