BYD plans to double European sales network to 2,000 locations

Investing.com -- Chinese automaker BYD is planning to double its sales network in Europe by the end of next year as part of an aggressive expansion strategy in the region.

"By the end of 2025, we will be present with 1,000 points of sale in Europe, and next year we’re going to double (that)," Maria Grazia Davino, regional managing director for Europe at BYD, said at an event in Frankfurt on Monday.

The expansion plan highlights the determination of China’s largest automaker to strengthen its foothold in the European market. BYD, listed as SZSE:002594, is pushing forward with this ambitious growth strategy to increase its presence across the continent.

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