Chinese Automaker BYD Expands European Ambitions, Eyes Maserati Acquisition In a significant move that could shake up the European automotive market, Stella Li, a top executive at Chinese electric vehicle (EV) manufacturer BYD, has revealed the company's plans to expand its presence in the region. BYD, which has already made waves with its affordable and efficient EVs, is now on the hunt for a European production facility to establish a foothold on the continent. According to Li, the company is actively scouting for available plants in Europe, signaling a major push into the region's lucrative market. Moreover, BYD is also eyeing potential brand acquisitions, with Italian luxury carmaker Maserati emerging as a particularly intriguing target, as Li described the brand 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." ...
