China’s BYD boss says no to UK factory as British energy is ‘too expensive’

Chinese car maker BYD has said no to building cars in the UK due to the high cost of electricity - (BYD)

The high cost of energy is the reason Chinese car maker BYD won’t be making its cars in the UK, says BYD executive vice-president Stella Li.

Speaking to The Independent at the launch of BYD’s new Dolphin G plug-in hybrid supermini in Berlin, Li said: “To do manufacturing, I think the UK needs to reduce its electricity cost, it’s too expensive.”