Warren Buffett-Backed BYD Eyes Germany For Third European Plant Amid Tariff Concerns: Report

Quick Summary:

The company is planning the third plant to expand its manufacturing footprint in Europe to boost sales of its affordable vehicles and compete with European rivals.

What Happened: According to a report by Reuters, BYD is looking to expand its manufacturing footprint in Europe and is considering Germany for its third plant.

Warren Buffett-backed Chinese EV giant BYD Co.Ltd.(OTC:BYDDY) (OTC:BYDDF) is reportedly contemplating establishing a third assembly plant in Germany.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Rounak Jain

Category: Technology

Markets: United StatesChinaFranceGermanyHungaryItalyTurkey

Topics: BYDDY Electric vehicles Mobility Tech BYDDF Global News Benzinga EVs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-17 @ 12:22:56 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 388 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27082503

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 23 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions