MENU

Geely Enters the Hungarian Car Market

D&T
February 24, 2026

Another Chinese brand is entering the Hungarian new car market: sales of Geely models are scheduled to start at dealerships in March-April, Hungarian importer Geely Hungary has announced.

By the end of this year, 10-15 dealerships are expected to add the Geely brand to their portfolios, starting with two models, with two more models to be added in the first year.

Geely, China's second-largest electric vehicle manufacturer after BYD, has been present in Hungary since spring 2025 with its Farizon light commercial vehicle brand.

The Geely holding company is expanding dynamically, having acquired 100% of the shares in Volvo Car Corporation, a stake in Aston Martin Lagonda, a joint venture with Mercedes-Benz to develop the smart brand, and a partnership with Renault in the development of powertrain technology.

Most of Geely's manufacturing facilities are located in China, but it also has plants in the United States, Belgium and Sweden. In the medium term, it plans to establish one or two additional manufacturing facilities in Europe.

D&T

  • Top 5 Articles

  • Articles by Date

  • © Copyright 2026 Duax Kft. –  All rights reserved.
    sunearth
    Diplomacy & Trade
    Privacy Overview

    This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.