#european-auto-industry

#european-auto-industry

BYD Europe aims to triple its market in Europe by 2025 through aggressive marketing strategies and partnerships with European dealerships.

Chinese EVs like BYD models are technologically advanced and competitively priced due to subsidies, low labor costs, and robust battery supply chains in China.

European auto industry leaders express concerns about the strong competition posed by Chinese EV manufacturers and potential consequences for the European market. [ more ]