Europe and U.S. Fearful of China’s Electric Cars, Says BYD Founder

(Bloomberg) — Foreign countries are “afraid” of Chinese electric vehicles, Wang Chuanfu, chairman of BYD Co., said in a swipe at European and United States efforts to constrain imports of China-made cars.

“There are many examples of politicians in other countries who are worried about EVs in China,” Wang said in a speech at an industry summit in the southwestern Chinese city of Chongqing Friday.