BYD stock faces EU cybersecurity review request from lawmakers

Fourteen members of the European Parliament have asked the European Commission to assess whether BYD vehicles pose a security threat. The request, made on Wednesday, November 4, adds regulatory scrutiny to the Chinese automaker's European expansion but does not impose a ban or restriction.

Lawmakers seek formal assessment

In written questions, the lawmakers asked the European Union's cybersecurity agency to assess the risks associated with connected BYD vehicles. They also raised the possibility of classifying BYD as a high-risk supplier, excluding its vehicles from public procurement and limiting access to strategic dual-use infrastructure.

Reuters reported the initiative on November 4. French lawmaker Francois Kalfon leads the effort and cited concerns about connected vehicles near sensitive European infrastructure. The Commission typically has six weeks to respond to written questions.

BYD rejects remote-access concerns

BYD told Reuters that data processed or stored in its vehicles or cloud systems cannot be remotely accessed from China. The company also said BYD Europe does not make the information available to BYD entities or third parties in China, while customers remain in control of their data.

BYD Company stock traded at 8.50 euros on Lang & Schwarz at 15:30 CET on Friday, November 6, 2026. The quote was 1.16 percent below the 8.60-euro premarket quote in the company's own report dated November 5, 2026.

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More security scrutiny could affect public-sector demand and the political environment for BYD's European growth. More news and analyses on BYD Company stock.