BYD Co. Ltd. plans to build four factories in Europe over the long term: three vehicle assembly plants and one electric-vehicle battery plant, Alfredo Altavilla, former Fiat Chrysler executive and now BYD Europe adviser, said at an event in Turin. Altavilla said the project is not immediate but will be necessary to meet BYD’s sales targets and comply with emerging EU local-production rules. BYD is negotiating with European automakers and national governments and is considering acquiring underuse

BYD Co. Ltd. plans to build four factories in Europe over the long term: three vehicle assembly plants and one electric-vehicle battery plant, Alfredo Altavilla, former Fiat Chrysler executive and now BYD Europe adviser, said at an event in Turin. Altavilla said the project is not immediate but will be necessary to meet BYD’s sales targets and comply with emerging EU local-production rules. BYD is negotiating with European automakers and national governments and is considering acquiring underused plants in France, Spain and Italy.