On May 13, a report from Bloomberg revealed that Li Ke, the Executive Vice President of BYD, disclosed that the company is presently engaged in negotiations with several European automakers, including Stellantis. The talks center around the potential acquisition of underused factories situated in Italy and various other European regions. Li Ke further elaborated that BYD's discussions extend beyond Stellantis, encompassing conversations with additional automotive companies. The primary objective is to harness these dormant production capabilities, with a preference for maintaining independent operation of the acquired factories.
