BYD to launch first heavy truck in Europe

Chinese electric vehicle company BYD has announced its plan to launch its first heavy-duty truck in Europe next year, aiming to strengthen its presence in the European market and achieve local manufacturing of some of its products. This move is part of its strategy to localize production and reduce dependence on Chinese imports, thereby helping to avoid the customs tariffs imposed by European companies on Chinese trucks. The company plans to produce all its vehicles in Europe in the long term, in addition to expanding its current factories in Hungary to include passenger cars and electric buses, with the goal of building an integrated production and service system within the European market. These developments are part of BYD's strategy to offer comprehensive fleet solutions and compete directly with European automakers, especially as interest in electric trucks grows to meet environmental standards and emissions reduction goals.

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