Currently, BYD is currently subject to a 10 percent tariff on cars produced in China and exported to Europe, and is now subject to an additional 17 percent tariff. Recently, BYD Executive Vice President Stella Li said at the Paris Motor Show that BYD will produce many parts in Europe, assemble battery packs at factories in Hungary and Turkey, and only import battery cells from their own countries. In addition, BYD will buy as many parts as possible from European suppliers, as well as from other Chinese suppliers who currently have factories in Europe.
So far, BYD is still considering whether to pass on the cost of tariffs to consumers or bear it itself. Due to tariff issues, BYD's European model market price is expected to be no less than EUR 30,000. In terms of specific models, the BYD Sealion 7 mid-size pure electric SUV model has made its debut at the Paris Motor Show, and is scheduled to start delivery at the end of October this year; In the next 14 months, six new models will be deployed in the European market for consumers to buy.
