BYD Plans Three European Plants
Chinese automaker BYD will eventually require three vehicle assembly plants and one battery factory in Europe to support long-term growth and meet EU regulations. The company is currently starting production at its first European site in Hungary and expects to select a second location soon.
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BYD CO LTD-H will require three vehicle assembly plants and one battery factory in Europe over the longer term to hit its growth targets. The strategy addresses both capacity expansion and compliance with strict European Union regulations, according to the automaker's special adviser.
