Hyperdrive
BYD to Stick to Europe Growth Plans Despite Subsidies Probe
- Chinese EV maker pledges to share information with EU
- BYD is investing in Latin America, with Brazil plant planned
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BYD Co. will keep pushing for strong growth in Europe even as the region begins an anti-subsidies probe, said a top executive at the Chinese electric-vehicle juggernaut.
“We are a publicly traded company that needs to be managed with transparency and open to sharing information,” Executive Vice President Stella Li said in an interview. “So we don’t worry about any investigation going on in Europe.”