GreenergyDaily

May. 13, 2026

BYD is in talks with Stellantis and other European automakers about acquiring underused factories in Europe.

The world's largest seller of electric vehicles is discussing potential deals to take on plants in countries like Italy, Executive Vice President Stella Li said in an interview Wednesday.

"We are talking to not only Stellantis, we're talking to other companies too," Li said on the sidelines of the Financial Times Future of the Car conference in London. "We are looking for any available plant in Europe because we do want to utilize this kind of spare capacity."

Stellantis earlier this month announced deeper cooperation with Leapmotor in Europe, including plans to build the Chinese EV make's vehicles at two Stellantis factories in Spain.

BYD would prefer to operate the plants on its own rather than joint ventures, Li said.