China’s BYD hires engineers for Europe EV battery plant
BEIJING (Reuters) – China’s electrical automotive (EV) maker BYD is hiring engineers for its first overseas battery plant in Europe, the company backed by Warren Buffett said on Wednesday, as a result of it pushes to show into an EV parts supplier.
Batteries are key parts of EVs. BYD, based inside the southern metropolis of Shenzhen, which moreover makes semiconductors for EVs, supplied 426,972 cars ultimate yr, amongst them 189,689 EVs.
“The planning of the manufacturing facility is to prepare for present to European automotive purchasers and to prepare for the extra progress of BYD’s overseas enterprise,” a BYD marketing consultant suggested Reuters, with out detailing location or manufacuturing functionality.
Chinese makers of EV batteries, along with CATL, are together with manufacturing facilities in Europe, the place automakers from Volkswagen AG to Daimler AG are rising their lineups {of electrical} cars.
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