BYD almost bought its way into Renault, one of Europe’s biggest car manufacturers, by trading Blade battery tech for an ownership share: report

BYD tried to buy a share of Renault in a dramatic shot at a foothold in Europe, according to a new report in French media outlet Les Echos. According to the publication, BYD sought not just a joint production or factory deal, as Chery has secured in some locations with Renault’s partner Nissan, but actual ownership in the French giant as a shareholder.