BYD to expand European retail footprint as localisation plans advance

Chinese automaker BYD intends to double its European sales network by the end of next year as part of a wider regional expansion, Reuters reported, citing comments from a senior executive. Speaking at an event in Frankfurt, BYD’s regional managing director for Europe Maria Grazia Davino said: “By the end of 2025, we will be present with 1,000 points of sale in Europe, and next year we're going to double (that).” “In line with successful competitors, we need to have proximity and win proximity to the Euro ...