BYD is open to building cars in Canada and acquiring a rival automaker

BYD’s Executive Vice President Stella Li confirmed the world’s largest EV maker is studying the Canadian market for a wholly owned manufacturing plant, and signaled it could acquire a struggling legacy automaker to accelerate its global expansion. The comments, made during an interview in São Paulo, mark BYD’s most aggressive public posture yet toward North American production and consolidation of weaker rivals in the global auto industry. more…