Europe, US Fearful of Chinese Electric Cars, Says BYD Founder

Wang ChuanfuPhotographer: Alex Kraus/Bloomberg
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Foreign countries are “afraid” of Chinese electric vehicles, BYD Co. Chairman Wang Chuanfu said in a swipe at European and US efforts to constrain imports of China-made cars.

“There are many examples of politicians in other countries who are worried about EVs in China,” Wang said in a speech at an industry summit in the southwestern Chinese city of Chongqing Friday.