Tesla Rivals BYD And XPeng Turn Towards Europe Amid China EV Slowdown: Report

URL has been copied successfully!

BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) and Xpeng Inc. (NYSE:XPEV) are reportedly in talks with manufacturers to incorporate their underutilized production facilities in Europe as it looks to bolster their overseas presence.

BYD To Incorporate Underutilized Plants?

BYD held talks with Stellantis NV (NYSE:STLA) and other manufacturers to take over some of their plants in Europe, Bloomberg reported on Wednesday.

data-variant=”card”
data-news-mode=”manual”

>


Read Also:

China Is Investigating EV Makers As Owners Say Their Cars Lost Up To 125 Miles Of Range After Updates—And Tesla, BYD Are Being Dragged Into The Debate

Please follow us:
Follow by Email
X (Twitter)
Whatsapp
LinkedIn
Copy link

This post was originally published here