Chinese electric carmaker Build Your Dreams (BYD) has unveiled plans for a major expansion into the European market, after confirming presale prices for its first three vehicles to be launched on the continent.
BYD, China’s largest electric car maker and second-largest battery maker, said it planned to offer the cars in Norway, Sweden, Denmark, the Netherlands, Belgium, Luxembourg, and Germany first, before expanding into France and the UK later this year.
BYD Chairman Wang Chuanfu said Europe was set to be a key market for the automaker given the pace of the electric vehicle (EV) transition on the continent.
“Europeans are making a concerted effort to accelerate the transformation of automobile electrification, with Europe representing the main driving market for the advancement of new energy vehicles,” he said. “As such, we are pleased that BYD can now grow electric car adoption simultaneously with the local markets.”
BYD said it planned