On March 13, Bloomberg reported that BYD is contemplating the construction of a plant in Canada and is keeping its options open regarding the acquisition of renowned global automakers. Executive Vice President Li Ke revealed that the company is in the process of evaluating the practicality of establishing the plant, yet no definitive decision has been reached at this juncture. She highlighted that BYD aspires to have sole ownership and management of the factory and is presently scrutinizing potential acquisition assets. Additionally, BYD is delving into the realm of competitive racing, with a keen interest in Formula 1 and endurance racing.
