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'BYD contacted by Italian government to produce cars' - News

2024-02-27T07:13:05.250Z

Highlights: 'BYD contacted by Italian government to produce cars' - News.com.au. BYD was approached by the Italian government as part of the country's efforts to attract a second car maker beyond Stellantis. The need for a second European plant "depends on our sales: we are making very good progress now," Michael Shu, chief executive of BYD Europe, said in an interview with Bloomberg at the Geneva International Motor Show. BYd, which overtook Tesla as the world's largest electric vehicle maker in 2023, confirmed in December to build a factory in Hungary.


BYD was approached by the Italian government as part of the country's efforts to attract a second car maker beyond Stellantis. (HANDLE)


BYD was approached by the Italian government as part of the country's efforts to attract a second car maker beyond Stellantis.

“We have some contacts to discuss this,” Michael Shu, chief executive of BYD Europe, said in an interview with Bloomberg at the Geneva International Motor Show.

The need for a second European plant "depends on our sales: we are making very good progress now," Shu added.

BYD, which overtook Tesla as the world's largest electric vehicle maker in 2023, confirmed plans in December to build a factory in Hungary. 


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Source: ansa

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