Source link : https://www.mondialnews.com/2025/09/08/chinas-byd-to-open-cutting-edge-ev-factory-in-hungary-by-end-of-2025/
China’s leading electric vehicle manufacturer BYD has announced plans to establish a new electric vehicle production facility in Hungary, aiming to commence operations by the end of 2025. The move marks a significant expansion of BYD’s presence in the European market, as the company seeks to capitalize on growing demand for electric vehicles amid stringent environmental regulations. According to a company executive, the plant will play a critical role in BYD’s global strategy to accelerate EV adoption and strengthen its competitive position against established automakers in the region.
China’s BYD to Launch Electric Vehicle Manufacturing in Hungary by End of 2025
BYD, China’s leading electric vehicle manufacturer, is set to establish a production facility in Hungary by the end of 2025. This strategic move aims to bolster the company’s presence in the European market, capitalizing on Hungary’s advantageous logistics and skilled labor force. The plant is expected to manufacture a range of electric vehicles, aligning with BYD’s global expansion blueprint and the rising demand for sustainable transportation solutions across Europe.
The upcoming facility will contribute to the local economy by generating employment opportunities and fostering technology transfer. Key features of the project include:
- Annual production capacity targeting over 100,000 electric vehicles
- Expected creation of approximately 3,000 new jobs
- Integration of advanced battery…
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Author : Sophia Davis
Publish date : 2025-09-08 12:09:00
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