According to sources familiar with the matter, BYD Company Limited is inclined to establish a manufacturing facility in Spain, citing the country's relatively lower production costs and established clean energy infrastructure.
Industry sources indicate that BYD Company Limited has not reached a final decision and continues to evaluate opportunities in other countries.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.