Business · Trade · 1 hr ago

BYD reports rising sales outside China and plans fourth-quarter production launch

BYD reports rising sales outside China and plans fourth-quarter production launch

BYD says its sales are rising sharply outside China.

Stella Li, the company’s executive vice-president, discussed its plans in an interview on 12 October.

She said BYD is committed to Europe for the long term.

The company plans to begin mass production in the fourth quarter, though no location was specified.

The discussion also covered limits on imports of Chinese hybrid cars into the European market.

These issues matter because they shape BYD’s plans to sell and produce vehicles in Europe.

The interview did not specify what happens next beyond the planned production launch this quarter.

Sources

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