BYD Expands European Presence with New Factories to Boost EV Exports

• BYD's export surge significantly offsets domestic market weakness.
• China's hybrid car exports to the EU have increased by 200%.
• BYD aims to build new factories in Europe to expand its market share.
• The move is a response to trade barriers targeting Chinese electric vehicles.
• The expansion is part of BYD's strategy to compete with Tesla and other global EV makers.