China’s BYD Open to Building Cars in Canada, Buying Out Rivals

BYD Co., China’s largest car manufacturer, is actively considering building a plant in Canada while also keeping its options open to acquire a more established global automaker.

The Shenzhen-based automaker is studying the Canadian market for a potential manufacturing facility, although no decision has been made, Executive Vice President Stella Li said in an interview, adding that BYD would want to own and operate such a factory.

“I don’t think a JV will work,” Li said, speaking during a visit to Sao Paulo.

Stella Li.

Photographer: Jason Alden/Bloomberg

While Canada has been courting investment from Chinese carmakers, its government is pushing a joint ...