BYD plans to build every car it sells in Europe on the continent, by 2028
BYD plans to build every car it sells in Europe on the continent, by 2028

BYD plans to build every car it sells in Europe on the continent, by 2028

BYD plans to build every car it sells in Europe on the continent, by 2028
BYD plans to build every car it sells in Europe on the continent, by 2028
Yeah, well, European auto-makers should've gotten their shit together instead of dragging their feet on EVs and trying to squeeze extra profits from the SUV fad.
European auto-makers founded those companies with their billions. Now they will be eaten by them.
This is only one example from Wikipedia but there are plenty old articles how BMW, Volkswagen, Mercedes and other European automakers were pouring billions into China and giving away R&D for free.
Having thoroughly learnt their lesson, Mercedes now partners with Geely Autos instead, under the Smart marque. Although I think at this point the flow of knowledge and R&D might be the other way around.
And lobbying hard to keep regulations out of their way
why?
Because they will complain in a few years that they can not sell their combustion engine vehicles anymore and that they don’t have competitive EVs