MILAN, Dec 9 (Reuters) - Hybrid technology will be key
for the European expansion of Chinese EV giant BYD
amid soft demand for fully-electric vehicles, the special
adviser in the region for the manufacturer said on Monday.
BYD, China's top electric vehicle producer, entered Europe's
passenger car market in 2022. It has an aggressive product
roll-out plan for next year, which will help it expand its
line-up.
Alfredo Altavilla, a veteran auto industry executive who has
served as Fiat Chrysler's European chief, was appointed as BYD's
special adviser for Europe earlier this year.
Hybrids will be "at the core of BYD strategy in Europe," he
said on Monday during a product event in Italy.
Unlike U.S. rival Tesla, BYD makes both pure and
plug-in hybrid electric cars, which the automaker refers to as
'dual mode'.
"It would be stupid to go against the market, it's pretty
clear where the market is going in Europe, especially in
Southern Europe," Altavilla said, referring to a slowdown in EV
demand this year.
"We'll of course have several EV models in our European
offerings, but hybrids will be key for European customers".
Italy Country manager Alessandro Grosso, who moved to BYD in
October from Stellantis ( STLA ), said plug-in hybrids
currently account for around 70% of BYD sales in Europe.