BYD Considers Germany Plant
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Chinese carmakersReuters
•Technology
Technology
Exclusive-BYD considers Germany for third plant in Europe

81% Informative
Chinese carmakers are looking to set up manufacturing and assembly plants in Europe .
They seek to sell more lower-cost cars in the region to challenge European competitors.
They also want to avoid the import tariffs the EU imposed on China -made EVs last year .
The company is considering Western Europe for a third plant because it wants to build brand recognition.
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