BYD weighs southern Italy bus plant for possible European factory

BYD's evaluation of a European bus plant signals a shift from exporting to localised manufacturing, a move that would put it in direct competition with established European bus makers and could reshape supply chains for electric public transport. The choice of southern Italy, if it proceeds, would also test whether EU industrial policy and local incentives can attract Chinese capital amid rising trade scrutiny. What is worth watching is whether this remains a site visit or advances to a formal commitment, and how European incumbents and policymakers respond.