The University of Szeged (SE Hungary) signed a cooperation agreement with Chinese car manufacturer BYD Auto Hungary on Wednesday. The agreement extends to instruction and research and development. University of Szeged rector László Rovó said the school had made an intensive effort to built up its network of Chinese contacts over the past decade, opening […]

The Chinese car brand BYD's share of the Hungarian electric vehicle market is approaching 14% this year, BYD Hungary told MTI. The brand, which launched in Hungary in 2023, sold 1,180 passenger cars and light commercial vehicles in the first eight months of this year. The brand, which entered the Hungarian market in 2023, sold […]

AutoWallis is further strengthening its cooperation with the Chinese producer of electric vehicles after reaching an agreement to open a car dealership in Debrecen, E Hungary, the car dealer company says in a statement on the website of the Budapest Stock Exchange. The showroom and service center located in eastern Hungary supports the further growth […]

Chinese car manufacturer BYD says it has long-term plans for Europe, and construction of its Hungarian factory is proceeding according to plan, despite press reports to the contrary. According to the information provided by BYD Hungary to MTI on Wednesday, production is scheduled to start at the end of the year, and cars will soon […]

China’s BYD, the world’s largest electric vehicle manufacturer is set to further expand its presence in Hungary by yet another major investment aiming at the production of electric trucks, the Hungarian Investment Promotion Agency (HIPA) reports. The EUR 75.7 million investment will add a 29,000-square-meter facility to BYD’s electric bus factory in Komárom – 90 […]

The BYD brand's position in the Hungarian new car market is visibly strengthening, with outstanding results in the first four months of this year, and this could improve further as the year progresses with the intensive expansion of the dealer network, supported by a strong model range, according to the Chinese manufacturer's PR agency. BYD […]

The AutoWallis Group continues to expand with the BYD brand after opening the first BYD sales point in Hungary in Győr. The new showroom in NW Hungary will support the further growth of the leading integrated car and mobility service provider in the Central and Eastern European region, the groups said in a statement on […]

BYD, the Chinese manufacturer of all-electric cars categorized under the collective name New Energy Vehicles (NEV), is expanding its Hungarian sales and service network with three new dealerships, company announced in a statement sent to MTI. At the official signing ceremony in Budapest, Michael Shu, Managing Director of BYD Europe, signed an agreement with three […]

China's BYD, the world's leading plug-in electric and plug-in hybrid (New Energy Vehicle – NEV) cars, appeared in Hungary in October last year, and after July this year, it is rapidly increasing its presence on the Hungarian new car market. it was already the best-selling car in the electric vehicle (BEV) segment. As BYD PR […]

China’s BYD, the world's leading electric vehicle (EV) manufacturer, has set its sights on Hungary for its first European auto factory. BYD's groundbreaking initiative marks a significant leap forward for the automotive industry, green energy, and international cooperation. The signing of the preliminary and purchase agreement for the site in Szeged, southern Hungary, heralds BYD's […]

The world’s leading manufacturer of electric and plug-in hybrid cars, BYD, is planning to make a historic investment in Szeged, SE Hungary. The Chinese company aims to develop its first European electric vehicle manufacturing plant on a ca. 300-hectare site in Hungary. Due to the investment, thousands of high-added value jobs will be created, and […]

Chinese electric car maker BYD is to invest HUF 10 billion to set up a battery assembly plant in Hungary, according to a statement by the Hungarian Ministry of Foreign Affairs and Trade. The company will further increase its presence in this country by building a plant in Fót, just NE of Budapest, to assemble […]