Italy Described as 'Plan B' for BYD's Second European Plant, Says Altavilla
Former Stellantis executive Alberto Altavilla says France and Spain are ahead of Italy on China's BYD shortlist for a new plant, following the automaker's Hungary facility.
Italy remains a secondary option, or "Plan B," for a potential second European manufacturing plant by Chinese automaker BYD, according to Alberto Altavilla, cited by ANSA on September 16.
Altavilla, a former Stellantis executive, said that France and Spain are currently "on the shortlist" of countries under consideration by BYD for the new facility, placing them ahead of Italy in the decision-making process.
BYD has already established a manufacturing presence in Europe with a plant in Hungary, which serves as its first production base on the continent. The company has been expanding its European footprint as part of a broader push into international markets.
According to the report, Italy is being positioned as an alternative option should the automaker's plans involving France or Spain not materialize, rather than as a primary candidate for the investment.
ANSA did not provide further details on the specific factors influencing BYD's site selection process or a timeline for when a final decision might be announced.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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