The world’s largest seller of electric and hybrid cars has ruled out building its first European car factory in the UK because of Brexit.
China’s BYD has set out ambitious plans to dominate the region’s electric vehicle market this decade, aiming to account for one in 10 battery cars sold by 2030, and wanting to be among the top three EV brands in Europe.
But its European president Michael Shu said the UK did not even make the top 10 possible locations for its first European plant, with a shortlist of sites in Germany, France, Spain, Poland and Hungary.
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