"Rising Costs for Car Buyers: Average New-Vehicle Price Hits New High as BYD Explores Second European Factory. As the global automotive market grapples with supply chain disruptions and increasing demand for electric vehicles, the average price of a new vehicle has reached an all-time high. Meanwhile, Chinese electric vehicle manufacturer BYD is making a significant move in the European market, with plans to establish a second factory on the continent. The development could potentially lead to increased competition and further drive up prices for consumers, raising concerns about affordability and accessibility for car buyers."
Average new-vehicle price | BYD eyes second Europe plant (Jake Neher) ...
