BYD plans to establish 20 dealerships in Canada to accelerate global expansion

Former Fiat Chrysler Automobiles executive and current BYD Europe business advisor Alfredo Altavilla stated in Paris, France: "We have taken immediate action to establish a local sales network." Last month, BYD said it is actively considering building a factory in Canada and does not rule out acquiring a more established global automaker. The company is also continuing to expand in Europe, joining the ranks of many Chinese brands that are achieving sales growth with more competitively priced electric and plug-in hybrid vehicles.