Stella Li, the Vice President of BYD Global, stated, "If you're not prepared for long-term investment in Europe, you should never come to Europe. It's not simple. It's super challenging. It's super competitive." This reflects the ambitious yet cautious approach BYD is taking as it aims to establish itself in the European market.
Li highlighted BYD's significant global market share, noting, "Globally, BYD holds 23% of all of the world's plug-in vehicle market, which is double the percentage of its next closest rival." This showcases BYD's leading position in the electrification trend.
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