BYD to hire thousands in Europe

BYD plans to expand its hiring drive in Europe, raising its headcount in the region to around 40,000 by the end of this decade and transforming from a car exporter into one of the bloc's major automakers. The post BYD to hire thousands in Europe first appeared on Safir Arjan.

By expanding the recruitment process in Europe, BYD plans to increase the number of employees in this region to about 40 thousand people by the end of this decade and turn from a car exporter into one of the largest car manufacturers in this block.

According to Arjan's ambassador, Stella Lee, executive vice president and head of the international business department of BYD, announced on Monday, October 12, on the sidelines of the Paris Auto Show in an interview with Bloomberg TV: "BYD's commitment to Europe is very deep and long-term."

In response to a question about BYD's employment plans in Europe, Lee said: The number of employees of this company will definitely exceed 40,000 in 2030, and the number of company employees will soon reach more than 10,000.

This move will make BYD one of the largest non-European employers in the region's automotive industry. The company, the world's largest producer of electric vehicles, is expanding its investments in Europe as European authorities tighten controls on Chinese exporters.

Stella Lee announced that BYD plans to recruit from the automotive industry and other areas, including workers who may have been laid off by European companies.

Last week's talks between China and the European Union led to an agreement that included limits on the number of hybrid cars imported from the Asian country. Lee said BYD is still assessing the implications of the new EU restrictions because the company does not yet have enough details.

According to the Bloomberg report, BYD's executive vice president added: BYD is in the final stages of preparing its first European factory in Hungary, and its goal is to start mass production in the fourth quarter of this year. Li said: The company will probably build its next factories in other parts of this region, and France and Spain are on the list of final options.