Chinese EV Maker BYD Considers Germany for Assembly Plant, Reuters Reports, Citing Source

Dow Jones03-17

By Dominic Chopping

--Chinese electric vehicle maker BYD is considering Germany as the location of a potential third assembly plant in Europe, Reuters reports, citing an unnamed source.

--While Germany is BYD's top choice, the matter is being questioned internally because of the country's high labor and energy costs, and low productivity and flexibility, according to Reuters' source.

--BYD is currently building production sites in Hungary and Turkey.

--BYD did not immediately respond to Reuters's request for comment.

Full story: https://tinyurl.com/54586xky

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

March 17, 2025 08:41 ET (12:41 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2520752596?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-17 20:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2520752596","market":"other","top_or_hot":-1,"title":"Chinese EV Maker BYD Considers Germany for Assembly Plant, Reuters Reports, Citing Source","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre>\n \n</pre>\n<p>\n  --Chinese electric vehicle maker BYD is considering Germany as the location of a potential third assembly plant in Europe, Reuters reports, citing an unnamed source. \n</p>\n<p>\n  --While Germany is BYD's top choice, the matter is being questioned internally because of the country's high labor and energy costs, and low productivity and flexibility, according to Reuters' source. \n</p>\n<p>\n  --BYD is currently building production sites in Hungary and Turkey. \n</p>\n<p>\n  --BYD did not immediately respond to Reuters's request for comment. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://tinyurl.com/54586xky \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 17, 2025 08:41 ET (12:41 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese EV Maker BYD Considers Germany for Assembly Plant, Reuters Reports, Citing Source</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese EV Maker BYD Considers Germany for Assembly Plant, Reuters Reports, Citing Source\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-17 20:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre>\n \n</pre>\n<p>\n  --Chinese electric vehicle maker BYD is considering Germany as the location of a potential third assembly plant in Europe, Reuters reports, citing an unnamed source. \n</p>\n<p>\n  --While Germany is BYD's top choice, the matter is being questioned internally because of the country's high labor and energy costs, and low productivity and flexibility, according to Reuters' source. \n</p>\n<p>\n  --BYD is currently building production sites in Hungary and Turkey. \n</p>\n<p>\n  --BYD did not immediately respond to Reuters's request for comment. \n</p>\n<pre>\n \n</pre>\n<p>\n  Full story: https://tinyurl.com/54586xky \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 17, 2025 08:41 ET (12:41 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2520752596","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520752596","pubTimestamp":1742215260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--Chinese electric vehicle maker BYD is considering Germany as the location of a potential third assembly plant in Europe, Reuters reports, citing an unnamed source.--While Germany is BYD's top choice, the matter is being questioned internally because of the country's high labor and energy costs, and low productivity and flexibility, according to Reuters' source.--BYD is currently building production sites in Hungary and Turkey.--BYD did not immediately respond to Reuters's request for comment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"路透社援引消息人士的话报道称，中国电动汽车制造商比亚迪考虑在德国建立装配厂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"81211":0.6,"002594":0.9,"01211":0.9,"BYDDY":0.6,"EVS.SI":0.6,"HYDD.SI":0.6},"content_text":"By Dominic Chopping \n\n\n \n\n\n  --Chinese electric vehicle maker BYD is considering Germany as the location of a potential third assembly plant in Europe, Reuters reports, citing an unnamed source. \n\n\n  --While Germany is BYD's top choice, the matter is being questioned internally because of the country's high labor and energy costs, and low productivity and flexibility, according to Reuters' source. \n\n\n  --BYD is currently building production sites in Hungary and Turkey. \n\n\n  --BYD did not immediately respond to Reuters's request for comment. \n\n\n \n\n\n  Full story: https://tinyurl.com/54586xky \n\n\n \n\n\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 17, 2025 08:41 ET (12:41 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2520752596"}