Perhaps the biggest obstacle for #BYD in #Europe is a pending investigation from the #EuropeanCommission into anti-competitive subsidies for Chinese carmakers. #EuropeanAutomakers have expressed concerns about the threat to their market share from the flood of cheap Chinese #EVs. #ElectricVehicles

BYD and #Tesla race to carve up European EV market with Chinese carmaker planning to leapfrog #ElonMusk by 2030
https://fortune.com/europe/2024/05/10/byd-tesla-european-ev-market-chinese-carmaker-elon-musk-2030/