Home Automobile Here is the answer of the Chinese BYD, which threatens France! Auto Plus news in your smartphone Auto Plus news in your inbox

Here is the answer of the Chinese BYD, which threatens France! Auto Plus news in your smartphone Auto Plus news in your inbox

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Here is the answer of the Chinese BYD, which threatens France!  Auto Plus news in your smartphone Auto Plus news in your inbox

THE Chinese giant electric cars BYD, don’t hear it that way. If new activities BYD simply could not choose France to open its factory.

BYD plans to open a plant in Europe

However, things started well. Last July, Bruno Le Maire visited China at the invitation of BYD President Wang Chuanfu. The Minister of Economy and Finance came with a firm intention to convince the Chinese company to create its future European plant on the territory of France. The discussion was focused, in particular, on the arrival of the Chinese in ” French battery valley » in Haut-de-France. This region includes, for example, the Douai factory of the Renault group, which produces Mégane E-Tech Electric.

To establish its dominance in the Old Continent, BYD plans to open a giga factory in Europe, as You are here with its giga-factory in Berlin. And among the list of target countries for establishing a production site, France. Other countries such as Spain, Germany, Hungary and Poland are also in the spotlight.

No environmental bonus, no factory in France

But in the meantime, the government made public decree aimed at changing the conditions of environmental bonus. The goal is to exclude from the bonus system vehicles that received an unsatisfactory environmental assessment. Among the punishment criteria, some seriously risk harmful models from China. This especially applies to the following criterion: “transportation of vehicles from the place of their assembly to the point of distribution in France”.

Surprisingly, it was this measure that caused serious concern on the part of the Chinese manufacturer. According to information from La Tribune, BYD decided to react harshly to this situation. An anonymous source is quoted as saying: ” The more the government pressures us, the less inclined we will be to open our factory in France. » In addition, BYD will also consider other countries as an alternative, including Spain, the main host country of the European automotive industry.

Possible threat to the price of batteries?

But BYD is not going to stop there. Tribune claims that ” the Chinese group may also raise the price of its batteries to hurt its competitors. » We remind you that many French models of electric cars have BYD brand batteries. Before becoming a manufacturer, the Chinese giant is also the world’s largest supplier of battery cells for our cars. A threat that has a double meaning for France?

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Author: Pierre Horney
Source: Auto Plus

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