By Dominic Chopping
--Chinese electric vehicle maker BYD is considering Germany as the location of a potential third assembly plant in Europe, Reuters reports, citing an unnamed source.
--While Germany is BYD's top choice, the matter is being questioned internally because of the country's high labor and energy costs, and low productivity and flexibility, according to Reuters' source.
--BYD is currently building production sites in Hungary and Turkey.
--BYD did not immediately respond to Reuters's request for comment.
Full story: https://tinyurl.com/54586xky
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
March 17, 2025 08:41 ET (12:41 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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