BYD Negotiates for Europe Plants With Stellantis as It Eyes Underused Factories in Italy
Updated
Updated · Bloomberg · May 13
BYD Negotiates for Europe Plants With Stellantis as It Eyes Underused Factories in Italy
6 articles · Updated · Bloomberg · May 13
Stella Li said BYD is in talks with Stellantis and other European carmakers to take over underutilized factories across Europe, marking a potential expansion of its manufacturing footprint in the region.
Italy is among the countries under discussion, suggesting BYD is targeting existing plants rather than building entirely new capacity from scratch.
The talks center on facilities that are not being fully used by incumbent automakers, offering BYD a possible faster route to local production in Europe.
For BYD—the world’s largest EV seller—the negotiations underscore its push deeper into Europe as established carmakers grapple with excess factory capacity.
Is Europe trading its industrial future by selling factories to its biggest electric vehicle rival?
Will BYD's European expansion save local jobs or simply import its controversial labor practices?
As Chinese EVs go local, will European consumers finally get affordable electric cars?