BYD calls tariff pressure from EU-China deal temporary
BYD executive vice president Stella Li said the company remains committed to Europe and views tariff pressure tied to an EU-China import deal as short term.
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what happened
Chinese automaker BYD remains committed to Europe and regards tariff pressure associated with an EU-China agreement on imports into the bloc as temporary. Executive vice president Stella Li made the comments on Monday while speaking at the Paris car show.
“I think this kind of tariff, this pressure, is just short-term, because we already commit, invest locally,” Li said. Reuters reported that BYD’s position reflects the company’s continued focus on its European operations and local investment despite trade-related uncertainty.
why it matters
The comments indicate that BYD does not view tariff risks linked to EU-China trade as a reason to alter its European commitment. For the auto sector, the issue keeps import costs and local production in focus.
instruments
sources
- BYD sees tariff pressure linked to EU-China deal as short term — Reuters, 12 October 2026 at 13:37 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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