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Byd executive calls EU local-content rule for EVs ‚crazy regulation‘

Byd executive calls EU local-content rule for EVs 'crazy regulation'

Stella Li, vice president of Chinese electric vehicle maker BYD, called the EU’s proposed local-content rule for subsidies a „right crazy regulation“ in an interview with Spiegel published April 25, 2026. The rule, part of the EU’s Industrial Accelerator Act …