BYD Explores Takeover of Underused European Car Factories

BYD is in discussions with Stellantis and other European car manufacturers to acquire underutilised production facilities across the region. According to a Reuters report, the Chinese auto giant is exploring potential deals to take over existing plants in several countries, including Italy.

During an interview, BYD Executive Vice President Stella Li confirmed the interest in local manufacturing. She emphasised that the company prefers to operate these facilities independently rather than through joint ventures. Li explained that the firm finds it difficult to manage partnerships that require seeking permission from other entities for operational decisions. 

While BYD is open to collaborating with other carmakers for battery supply and different technical aspects, it intends to maintain full control over its manufacturing processes.

This strategic move follows an aggressive global expansion by the manufacturer, which has seen its sales soar in Europe as consumers seek alternatives following fuel price spikes. The company’s preference for independent operations stands in contrast to recent moves by competitors, such as the announced partnership between Stellantis and China’s Leapmotor for joint car production in Europe.

Also read: BYD Sealion 6 Plug-In Hybrid SUV Spied Testing On Indian Roads

Stellantis has declined to comment specifically on these reports, noting that it regularly holds discussions with various industry participants as part of its standard business operations. BYD has also not issued a formal statement following the interview. 

By repurposing existing European factories, the company could significantly scale its local output and navigate logistical challenges. If successful, this move would mark a major shift in the European automotive landscape, as traditional manufacturing hubs transition into production centres for Chinese electric vehicle technology under direct ownership.