(JW Insights) Apr 11 -- BYD, the Chinese EV giant, is considering building a new battery super factory in Spain, Pandaily quoted a report by the Spanish newspaper Expansión on April 10.

As one of Europe's top five automobile markets, Spain is an important target market in BYD's internationalization strategy for passenger cars.

The move will make BYD the latest company to join the competition for battery factory construction in Spain after Volkswagen/Seat, Envision, Inobat, and Tata Motors.

Since 2016, BYD has been operating pure electric bus services in the Spanish market with its footprint covering major cities such as Madrid, Barcelona, and Valencia.

On April 1, BYD announced its official entry of passenger cars into the Spanish market and simultaneously launched three pure electric vehicle models: Han EV, Tang EV, and BYD ATTO 3. These three models all adopt the "Dragon Face 3.0" design language created by BYD's international design team and are equipped with blade batteries that feature high safety performance. The long battery life and endurance perfectly meet local driving needs in Spain, said the Pandaily report.

In addition, two showroom stores of BYD located in downtown Madrid and Barcelona will open in the near future.

BYD reportedly delivered a total of 207,000 new energy vehicles in March, up 97.44% year on year. In the first quarter of this year alone (January-March), it sold approximately 552,000 vehicles, an impressive year-on-year growth rate of 89.47%, said the Pandaily report.

(Chen HX)