European Automakers Face New Competition as BYD Eyes Second Plant. Chinese electric vehicle (EV) giant BYD is reportedly considering a second manufacturing facility in Europe, a move that could shake up the continent's automotive landscape. As the global shift towards electric vehicles continues, BYD's expansion into the European market could pose a significant threat to established automakers. With the average new-vehicle price in the US reaching record highs, the European market is also feeling the pinch of rising costs, making BYD's entry into the market even more intriguing.
Average new-vehicle price | BYD eyes second Europe plant (Jake Neher) ...
