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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

China’s BYD blames Brexit as it rules out UK for first electric car plant in Europe

BYD European Union United Kingdom Europe Brexit China Ford Tesla Inc.
A BYD Atto 3
BYD sells its Atto 3 SUV in the UK, but it will be manufacturing it elsewhere in Europe. Photograph: Richard Bord/Getty Images

The world’s largest seller of electric and hybrid cars will not consider building its first European car factory in the UK because of the impact of Brexit.

China’s BYD, which has been backed by the US investment billionaire Warren Buffett since 2008, intends to take on household names such as Tesla and become one of the three most popular electric vehicle brands in Europe by the end of the decade.

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