Chinese automakers seek European factories ahead of EU local-content rules
BYD’s European adviser says Chinese automakers are scouting existing car assembly plants in Europe as they seek production sites ahead of expected EU local content rules.
As Chinese automakers look across Europe for production sites ahead of expected EU local-content rules, BYD's SZSE:002594 European adviser said he is regularly running into rival executives in airport lounges on the same search. The companies are focused on identifying existing car assembly plants that would allow them to move quickly into production in Europe.