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BYD Shares Plan to Sell Electric Vehicles in Europe – FT

BYD’s expansion will start in Germany and Sweden before extending to France and the UK later in the year, the Financial Times said.


Buyers look at one of BYD's electric vehicles
Buyers look at one of BYD's electric vehicles Photo: Reuters.

 

China’s popular electric-vehicle (EV) maker BYD has unveiled plans to sell cars in Europe later this year, The Financial Times reported.

BYD’s expansion will start in Germany and Sweden before extending to France and the UK, as it competes with the likes of Tesla, Volkswagen and Mercedes-Benz in the competitive western market, the report said.

Read the full report: The Financial Times

 

 

Read more:

Tata Launches Budget $10k EV in Bid to Extend India Dominance

China EV Maker Leapmotor to Raise $800m in Hong Kong IPO

China EV Giants Revved Up For European Sales Drive

 

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.