BYD pledges to work with rival Tesla to combat petrol cars

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China’s leading electric car producers has promised to work with competing Tesla to fight gasoline cars, while it claims that Beijing was “more open” for foreign business than the West.

“Our total enemy is an internal combustion engine machine. We have to work together. To make a variety of industries, “said BYD Executive Vice President Stella Lee in an interview with Financial Times.

Despite its comments, both warriors want to be the world’s largest EV group. BYD is aim Fast sales increase Advanced EVS in Europe with more product offers than the US company. Tesla, in turn, has fallen to European sales due to increasing the growing political activity of Elon Musk.

Speaking a Bead In London, Lin said that China was ready to exchange more technologies with EVS and autonomous foreign companies, despite the growth of trade tensions with Brussels and Washington.

Hotspent[The] The Chinese government is more open, so maybe there is a lot of misconception here, “he said.

He added that the Chinese caropule has “innovation of the homeland” and urged foreign companies to come to ShirtA number of “the government will support you and they will work with you to allow any technology,” he said.

BYD Yangwang U9 battery electric sports car is displayed on its doorway.
BDD aims to rapid growth growth in advanced EVS in Europe with more product offers than Tesla © SJOERD VAN DER WAL / GETTY Images

Last month, Bedd revealed the advanced smart driving functions through his “God’s eye” self-government system It would become available to customers in most of its model without additional costs.

The announcement has generated lower revenues for lower income, such technologies, which predict that the entire market will have to follow the popular driving functions.

Warren Buffett’s support group invades European markets, local production through its plants in Hungary and Turkey against the import of EVS imports in China. By selling shares in Hong Kong, Bedd received $ 5.6 billion through sales in Hong Kong.

But Brussels also wants Chinese companies Move intellectual property European businesses for EU subsidies. Meanwhile, Beijing, responding to the increase in Western defense, announced that Chinese companies limit some advanced production abroad.

In recent years, China has also gradually expanded export controls on battery materials, such as rare countries technology and rare rare lands, which turn into metals and permanent magnets used in EVs.

To the question whether Lina’s political developments in the EU said that he did not pay attention to politics, as it was “short-term”, and after all, consumers would choose better products.

The Chinese government helped its foreign pressure, and all its innovations will be presented in its global markets, including its self-government technology. “We have an abroad for each introduction, [Chinese] Government supports [us] a lot. ”

Lid says BYD will bring other options in addition to EVS, such as the seal u plug-in hybrid as a result of the decline in EV sales in European countries. At the end of this year, it also plans to launch its Denza Premium brand.

The share of BYD battery-electric car market in Western Europe, including Great Britain, was 2% last year, according to Schmidt’s automobile research.

LI confirmed that BDD had no plans to import EVS in the United States, which slapped 100 percent of Chinese EV imports last year. On Thursday, US President Donald Trump announced additional tariffs on importing from China and confirmed that the plans to bring journalism in Mexico and Canada in Canada next week. Lee said that no decision was made to plan a plan to build a plant in Mexico.

He said he was not worried about the global slump of the transition from Trump’s policy. Touching upon moving from gasoline vehicles in China, he said: “Why do people still choose EV? Because it’s a better car, a smarter car. A number of a number and it is a higher quality. ”

Additional reports by Cheng Long in Hong Kong

 
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