BYD will make every car it sells in Europe, in Europe – by 2028. This comes straight from the company’s EVP Stella Li, speaking at the Munich auto show.
This is obviously a response to the EU’s recently imposed super-tariffs on Chinese-made EVs. BYD’s factory in Hungary, which is in the EU, is expected to begin production by the end of this year.
gookman on
Add transfer of technology, hire only local workers and we’ve got a deal, otherwise this is just a waste of time.
Any-Original-6113 on
Earlier, there was information that BYD was building two factories: one in Turkey and one in Hungary.
In Hungary, semi-finished products will be shipped from Turkey to reduce the cost of production in Hungary.
JuicySpark on
What continent is The Continent?
Unplanned_Unaware on
>This is obviously a response to the EU’s recently imposed ***super-tariffs*** on Chinese-made EVs
Can’t believe we transitioned to super-tariffs already and nobody told me.
Smartimess on
There is a huge tariff up to 35.5 percent on cars made in China because of the Chinese subsidies.
Build your cars in the EU and the tax is gone.
kodos_der_henker on
Goodbye VW, was nice knowing you
For the context, this is what VW announced at Munich Auto Show in regard of the Market and low sales in China
> We are well established in China, because we were the ones who got the country on its wheels 40 years ago. The brand will continue to benefit from this.”
Offering worse cars for more money and hoping people buy them because they need to be thankful for something that happened in the past (and having the main focus on China as the biggest market), while China builds factories in Europe to go around tariffs.
ILikeYourMommaJokes on
And it will be built by Philipines/asian immigrants on work visa on minimum wage
sakri on
So China is buying Russian gas, financially assisting Russias war on Europe, but also wants to build plants in europe?
KernunQc7 on
Will it build the batteries in Europe ( full supply chain )? X doubt.
Please stop posting this garbage slop.
StrangerConscious637 on
I don’t think we need Chinese car production in Europe. We have a lot of our own car companies. Buy European.
valmao on
A much more readable headline :
BYD will make every car it sells in Europe, in Europe – by 2028.
ptok_ on
By “build” they mean “assembly from parts transported from China”. It’s been done by other companies.
greekch1mera on
There are more than enough production halls empty as the EU is effing up their own masterpiece economy for some nonsense climate change agenda!!!
xExerionx on
Awesome
potatolulz on
Meanwhile
some car makers: *”How about we keep the diesels longer?”*
EU commission: *”alright, let’s allow some bullshit massive US pickups on the roads, the don said he’ll tariff us if we don’t”*
Big-Economics-1495 on
VW is going to be done I guess
ColourAttila on
That’s actually very easy to achieve: just don’t sell any cars in Europe
Lovevas on
I guess Europe does not need to build their own cars anymore, just let the Chinese company to do the work.
thecartman85 on
I hope they take over the useless vag group 🤣🤣🤣
werpu on
Yex, my city profits tremendously from it, it delivers the steel for the byd cars!
21 commenti
BYD will make every car it sells in Europe, in Europe – by 2028. This comes straight from the company’s EVP Stella Li, speaking at the Munich auto show.
This is obviously a response to the EU’s recently imposed super-tariffs on Chinese-made EVs. BYD’s factory in Hungary, which is in the EU, is expected to begin production by the end of this year.
Add transfer of technology, hire only local workers and we’ve got a deal, otherwise this is just a waste of time.
Earlier, there was information that BYD was building two factories: one in Turkey and one in Hungary.
In Hungary, semi-finished products will be shipped from Turkey to reduce the cost of production in Hungary.
What continent is The Continent?
>This is obviously a response to the EU’s recently imposed ***super-tariffs*** on Chinese-made EVs
Can’t believe we transitioned to super-tariffs already and nobody told me.
There is a huge tariff up to 35.5 percent on cars made in China because of the Chinese subsidies.
Build your cars in the EU and the tax is gone.
Goodbye VW, was nice knowing you
For the context, this is what VW announced at Munich Auto Show in regard of the Market and low sales in China
> We are well established in China, because we were the ones who got the country on its wheels 40 years ago. The brand will continue to benefit from this.”
Offering worse cars for more money and hoping people buy them because they need to be thankful for something that happened in the past (and having the main focus on China as the biggest market), while China builds factories in Europe to go around tariffs.
And it will be built by Philipines/asian immigrants on work visa on minimum wage
So China is buying Russian gas, financially assisting Russias war on Europe, but also wants to build plants in europe?
Will it build the batteries in Europe ( full supply chain )? X doubt.
Please stop posting this garbage slop.
I don’t think we need Chinese car production in Europe. We have a lot of our own car companies. Buy European.
A much more readable headline :
BYD will make every car it sells in Europe, in Europe – by 2028.
By “build” they mean “assembly from parts transported from China”. It’s been done by other companies.
There are more than enough production halls empty as the EU is effing up their own masterpiece economy for some nonsense climate change agenda!!!
Awesome
Meanwhile
some car makers: *”How about we keep the diesels longer?”*
EU commission: *”alright, let’s allow some bullshit massive US pickups on the roads, the don said he’ll tariff us if we don’t”*
VW is going to be done I guess
That’s actually very easy to achieve: just don’t sell any cars in Europe
I guess Europe does not need to build their own cars anymore, just let the Chinese company to do the work.
I hope they take over the useless vag group 🤣🤣🤣
Yex, my city profits tremendously from it, it delivers the steel for the byd cars!