The Chinese EV manufacturer BYD is considering building a second assembly plant in Europe. At an event in London, Europe head Michael Shu said that this would be a topic for the coming year. BYD aims to be a leading EV brand in Europe by the end of the decade. One reason for the move is likely to avoid the punitive tariffs the EU Commission aims to impose on imported electric cars from the People’s Republic. Because if BYD manufactures in Europe, these punitive tariffs will not apply.