Renault rejects BYD's acquisition offers to preserve European independence

greenmove.hwupgrade.it (Italian)

Renault reportedly rejected two acquisition proposals from Chinese automaker BYD. BYD sought significant influence in Europe, which Renault aimed to preserve. The French automaker declined BYD's offers to maintain its independence in the European market. BYD's proposals aimed for more than just industrial collaboration. Renault has instead focused on partnerships with Geely. BYD is currently seeking a European manufacturing site, potentially acquiring an existing plant or a European brand.


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Renault rejects BYD's acquisition offers to preserve European independence | News Minimalist