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International Business Times
International Business Times
Business
AFP News

Chinese EV Automaker BYD To Build Car Factory In Hungary

BYD Hungary Europe China
A worker cleans the company logo of Chinese carmaker BYD at their booth before the official launch of the International Motor Show (IAA) in the center of Munich, southern Germany, on September 4, 2023 (Credit: AFP)

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 despite growing concerns around fair competition.

BYD Europe said the factory in the southern city of Szeged would mark "a significant step toward green mobility in Europe" as it made the announcement on X, formerly Twitter.

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International Business Times UK
International Business Times UK
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