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The leading Chinese manufacturer of electric cars byd has committed to “working” together with a rivals Tesla to combat gasoline cars, while insisting that Beijing is more open for foreign business business.
“Our common enemy is a car with internal combustion. We have to work together.
Despite her comments, two car manufacturers are fighting for the position of the world’s largest EV group. Byd has a goal for Fast sales growth Advanced EVU Europe with multiple products from the US group. Tesla in return suffered a fall in European sales on the back of increasing political activism of Elon Musk.
Speaking on a Byd The London showroom, said, said China is ready to share key technology at EVS in an autonomous driving with foreign companies despite the increasing tension of shops with Brussels and Washington.
“[The] The Chinese government is more open, so there may be a lot of wrong perception here, “she said.
She added that the Chinese car market “Homeland for Innovation” and invited foreign companies to come China. “The government will support you and will collaborate with you to allow any technology to be realized,” she said.
Byd last month revealed that advanced functions are smart drive through its The Samois System of “God’s Eye” They would become available to customers in most of their models at no additional costs.
The announcement encouraged concern for lower revenue for such driver’s help technologies, and analysts predicted that the whole market would be forced to monitor the population of smart driving functions.
A group that supported Warren Buffett was also aggressive into European markets with plans for local production through its plants in hungry and Turkey to address EU senior Tariffs against EV imports made in China. Byd also plans to raise as much as $ 5.2 billion by selling shares in Hong Kong to help his expansion abroad, according to one person with knowledge of the contract conditions.
But Brussels also wants Chinese companies transfer intellectual property European companies in exchange for EU subsidies. In the meantime, Beijing, responding to growing Western protectionism, indicated that he wanted Chinese companies to limit some advanced production abroad.
In recent years, China has also gradually expanded export controls with boundaries on batteries materials such as rare countries on technology and processes that convert the refined rare countries into metals and permanent magnets used in EVS.
Asked about recent political achievements in the EU about sharing technology, she said she was not paying attention to politics because it was “in the short term” and that the consumers would ultimately choose a better product.
The Chinese government assisted abroad, and all his innovation would be introduced to his global markets, including his self -employment technology, she said. “For every investment we have abroad, [Chinese] The government supports [us] A lot. ”
Did it say that byd would bring options other than EV to European consumers-after SEAL in the plug-in hybrid-for the fall of EV sales in the leading European markets, the Hybrids that are not subject to anti-Subsidian EU Subsidic tariffs. He also plans to launch his Denza Premium brand later this year.
ByD’s share of batteries and electric cars in Western Europe, including the UK, was 2 percent last year, according to Schmidt Automotive Research.
Li confirmed that BYD had not planned to introduce EV in the US, which slapped 100 – % tariff last year on the import of a Chinese electric vehicle. On Thursday, US President Donald Trump announced additional imports of imports from China and confirmed plans for the continuation of the name of Mexico and Canada from next week. Did he say that no decision was made on BYD’s plans to build a factory in Mexico.
She said she was not worried about the global slowdown of EV’s transition as a result of Trump’s policies. Referring to leaving gasoline vehicles in China, she said, “Why are people still choosing EV? Because it’s a better car, a smarter car.
Additional Cheng Leng reporting in Hong Kong
