Chinese electric vehicle giant BYD is set to expand its European presence, with a top executive revealing plans to establish a new manufacturing facility on the continent. Stella Li, a senior executive at BYD, has sparked speculation about the company's future in Europe, stating that it is actively seeking out available production sites. The move is a significant development for BYD, which has been rapidly expanding its global footprint in recent years, driven by growing demand for electric vehicles. BYD's interest in establishing a European base is also likely to raise questions about its potential partnerships and acquisitions, with Li hinting at a possible tie-up with luxury brand Maserati, describing it as "very interesting."
Top BYD executive Stella Li says the Chinese automaker is "looking for any available plant in Europe," BYD is also looking to add brands, with Li calling Maserati "very interesting." ...
