Chinese EV automaker BYD to build car factory in Hungary
Headline from Digital Journal
China's top electric automaker BYD will build a car factory in Hungary, the company said Friday, as it pushes forward with plans for expansion into Europe
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China's top electric automaker BYD will build a car factory in Hungary, the company said Friday, as it pushes forward with plans for expansion into Europe
BANGKOK (AP) — Chinese automaker BYD said Friday that it plans to build a new electric vehicle plant in Hungary, its first car factory in Europe, as part of its rapid global expansion.
BYD Europe described the factory as "a significant step toward green mobility in Europe." China, the main growth market for Western carmakers in recent years, is looking to invert that relationship amid electrification.
One of the world’s largest electrical vehicle manufacturers, China’s BYD, will open its first European EV production factory in Hungary, the country’s foreign minister said on Friday. The move was
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Chinese EV automaker BYD to build car factory in Hungary | Since Then