Chinese electric-vehicle manufacturer BYD is in negotiations with Stellantis and other automakers to acquire their underutilized European plants as part of its international expansion strategy, following a significant write-down on Stellantis' EV operations due to overestimated demand. #ElectricVehicles #AutomotiveIndustry #InternationalExpansion #CN #FR #IT #ES #HU
Chinese electric vehicle giant BYD is in negotiations with Stellantis and other automakers to acquire their underutilized factories in Europe as part of its international expansion strategy, following a recent €22 billion write-down by Stellantis on its EV operations due to overestimated demand. #ElectricVehicles #AutomotiveIndustry #InternationalExpansion #CN #FR #IT #HU #ES
Chinese electric-vehicle manufacturer BYD is negotiating with Stellantis and other carmakers to acquire their underutilized plants in Europe as part of its international expansion strategy, following Stellantis’ significant write-down on its EV operations amid weak domestic demand for electric vehicles. #ElectricVehicles #AutomotiveIndustry #InternationalExpansion #CN #FR #IT #ES #HU #GB
