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BYD to expand to four European plants with three vehicle sites, one battery factory planned

BYD is pushing a plan to establish three vehicle assembly plants and one battery plant in Europe, as it steps up local production to respond to the European Union’s high tariffs on China-made electric vehicles and to expand sales in the region. Production is starting at its first European plant in Hungary, and the company expects to decide on a second manufacturing site by year-end. It is also considering Spain and France.