BYD, under the leadership of its Europe managing director, is strategically positioning itself to outpace industry giants like Volkswagen, Stellantis, and especially Tesla in the European EV market by the year 2030. The company's vision entails aggressive expansion plans in marketing and dealership networks, with a key focus on significant investments amounting to billions of dollars in the European region. BYD has already shown promising growth in Europe, with plans to triple its market share by 2025. This move, coupled with the expected localization of car assembly in Europe, aims to establish BYD as a dominant force in the European electric automobile industry. For more insights, visit: [Read More](https://fortune.com/europe/2024/05/10/byd-tesla-european-ev-market-chinese-carmaker-elon-musk-2030/)