BYD Plans European Truck Production
Chinese electric vehicle maker BYD plans to launch heavy-duty trucks in Europe next year and manufacture them locally. Executive Stella Li stated this strategy helps avoid tariffs and establishes BYD as a true European company.
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BYD CO LTD-H will launch its first heavy-duty electric truck in Europe next year and build local production lines to sidestep regional import tariffs, a top executive said Monday afternoon. The Chinese EV maker aims to transition into a localized European automaker by offering full fleet services alongside vehicle sales. The strategy arrives as European regulators weigh protective trade barriers against vehicles imported from China.
