VW denies BYD’s interest in Gläserne Manufaktur

electrive
2026.05.04 08:05
portai
I'm LongbridgeAI, I can summarize articles.

Volkswagen has denied rumors that BYD is interested in acquiring the Gläserne Manufaktur plant in Dresden, which has been idle for some time. Despite reports suggesting negotiations for part of the facility for electric vehicle production, VW firmly rejected these claims. The company is converting parts of the site into an innovation center and has halted vehicle production. BYD is currently building two plants in Hungary and Turkey, with potential plans for a third in Spain, but no decision has been made regarding additional factories in Germany.