BYD is welcome to open factory in France, French finance minister says
Finance Minister Bruno Le Maire said BYD and the Chinese auto industry "are very welcome in France."
Read moreVolvo sales rise on strong EV demand in April
Volvo sales rose 27 percent in April to 65,838 cars, boosted by demand for EVs, which accounted for 26 percent of all sales globally in the month.
Read moreMagna Steyr to cut 500 jobs as output of Fisker, BMW, Jaguar models are phased out
Production has halted or will come to an end on a slew of models this year, including Fisker’s Ocean SUV, BMW’s 5 Series and the Jaguar E-Pace and I-Pace.
Read more