Chinese automaker BYD is examining conditions in several European countries and is preparing feasibility studies to open it up for production. In this respect informs Automotive News Europe.
According to him, BYD is considering three European countries to host automotive production, including negotiating with the French government. Germany and Spain are considered as alternative locations for the facility.
The newspaper also states that BYD prefers to establish its own factory rather than buying one of the closed ventures of well-known automakers, such as the Ford factory in Saarlouis, Germany.
The Chinese company, which will choose a location for the factory before the end of the year, plans to start producing cars in 2025.
Earlier it was known that there is a Russian market. to leave Hongqi chinese cars.
Source: Gazeta
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.