New-vehicle prices continue to soar, with the average cost of a car in the US reaching a record high. As consumers grapple with the financial burden of purchasing a new vehicle, Chinese electric vehicle manufacturer BYD is eyeing a significant expansion in Europe. According to reports, the company is planning to establish its second manufacturing plant on the continent, a move that could further increase competition in the already crowded EV market. With BYD's ambitious plans, industry experts are left wondering how the company's aggressive expansion will impact the global automotive landscape and whether it will lead to more affordable options for consumers.
Average new-vehicle price | BYD eyes second Europe plant (Jake Neher) ...
