Spain preselected for second BYD European plant

Chinese carmaker BYD considers Spain for a new factory as it prepares to launch its luxury Yangwang brand and high-end Altior sedan.

Spain has been preselected as a potential location for a new BYD vehicle factory, which would mark the firm's second manufacturing site in Europe. The Chinese carmaker currently operates a plant in Szeged, Hungary, where production is set to begin in late 2026.

Executive Vice President Stella Li oversees a brand that has sold nearly 40,000 units in Spain during 2026. While BYD and Denza are already established, the company plans to launch its luxury Yangwang brand, featuring the U9 supercar and the Altior sedan.

The expansion highlights BYD's European ambitions, with the Altior offering a range exceeding 1,000km. Yangwang has already launched UK social media profiles and showcased the Altior in Abu Dhabi, signalling a significant push into the high-end EV market.


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