Italy Reached Out to BYD About Opening a Car Plant on Its Soil

(Bloomberg) — BYD Co. Ltd. has been contacted by the Italian government as part of the country’s efforts to attract a second car manufacturer beyond Fiat maker Stellantis NV.

“We have had some contacts to discuss that,” Michael Shu, managing director of BYD Europe, said in an interview at the Geneva International Motor Show. The Chinese company considered a number of countries for its first European plant, before eventually choosing a site in Hungary.