(April 17): BYD Co is in talks to join Europe’s car lobby group, a move that would give the Chinese automaker a voice in the region where it faces tariffs on its electric-vehicle imports.
The world’s largest seller of EVs has applied to become a member of the European Automobile Manufacturers’ Association, a spokesperson for the lobby confirmed following a Bloomberg News inquiry. A decision on its entry hasn’t been taken, they added.
If successful, BYD would become the first Chinese carmaker to join the group. Brussels-based ACEA, which lobbies European Union institutions on behalf of the industry, has 17 members, mostly from Europe, but also some from outside the region such as Ford Motor Co and Japan’s Honda Motor Co, according to its website.
Joining the lobby group would increase BYD’s influence at a time of intensifying competition with the region’s homegrown manufacturers such as Volkswagen AG and Stellantis NV. The maker of the Dolphin hatchback has so far shrugged off the EU import duties, making inroads in Europe amid a price war back home in China.
BYD has been setting up a car plant in Hungary — it’s first in the region — and plans to start mass-producing cars there this quarter. That move should help it sidestep the additional EU tariffs.
Other Chinese companies are doing the same, with Chery Automobile Co already assembling cars in Barcelona.
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