New-vehicle prices have been on a steady rise in recent years, with the average cost of a new car in the United States reaching an all-time high. Meanwhile, Chinese automaker BYD is expanding its presence in Europe, with plans to establish its second manufacturing plant on the continent. The move is seen as a significant development in the European automotive market, where BYD has already made a name for itself with its innovative electric vehicles. As the company gears up to meet growing demand for eco-friendly transportation options, industry experts are watching closely to see how BYD's expansion will impact the market and whether the brand can compete with established European players.
Average new-vehicle price | BYD eyes second Europe plant (Jake Neher) ...
