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 […]