BYD is looking to Europe for its new electric car factory

BYD is looking to Europe for its new electric car factory

BYD aims to produce electric vehicles in Europe from 2025 onwards and is currently looking for locations within France, Spain and Germany. Although the Chinese car giant has yet to reveal the preferences of these regions, one country has already been singled out.

BYD is looking at various locations where it will build its first European plant

A BYD spokesperson told a CarNewsChina that the company is looking at several locations for its first European electric car factory. BYD has previously confirmed that England has been withdrawn due to Brexit and that the final position will be known later this year. In France, a minister recently confirmed talks with BYD, and insiders say Spain and Germany are also in the running, although no concrete locations or locations have yet been named in the three countries.

BYD manager Stella Li announced in December 2022 that the Chinese manufacturer was planning at least one passenger car plant in continental Europe. In January, there were reports that Ford was negotiating with BYD to sell its Saarlouis plant, but it remains unclear whether Saarlouis is one of the German locations BYD would consider. CarNewsChina points to another report that “BYD’s European strategy favors building new plants rather than acquiring existing ones.”

BYD already has a history in France since it operated an electric bus factory there, but stopped production in November 2021 due to low demand. The Asian manufacturer said at the time that it would remain active in the French market despite the shutdown. The Chinese company launched three electric models in some European countries last year, including Germany. In Spain, the third candidate for the factory location, BYD has been active since the spring when it was launched 2 examples of electric cars on the Spanish market. Later this year, two more models, the Dolphin compact car and the Seal electric sedan, will be launched. in Europe.

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