China’s BYD to produce all EVs for Europe locally by 2028, executive says
China’s No. 1 automaker BYD will make its EVs for sale in Europe locally within three years, helping it avoid EU tariffs, while plug-in hybrids should dominate its European sales in the short term, a top executive said on Monday.
“We are training ourselves to be more European in production,” executive vice president, Stella Li, BYD’s No. 2 executive, told Reuters at the IAA Mobility car show in Munich.
