- BYD plans to move electric vehicle production to Europe and buy from local suppliers in response to EU tariffs.
- The company is still deciding whether to absorb the cost of the tariffs or pass them on to consumers.
- The company is also restructuring its German operations to boost sales after a poor launch.
“We have a lot of disagreements about the calculations … it’s not a fair judgment,” she said. “Politicians should stay away from tariffs, which increase the cost of manufacturing cars and confuse the industry.”
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