It will be BYD's first passenger car factory in Europe and it will produce electric vehicles.
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It will be BYD's first passenger car factory in Europe and it will produce electric vehicles.
The post BYD announces its first European car factory in Hungary appeared first on CarNewsChina.com.
BYD will build an NEV production facility in the Hungarian city of Szeged, which will be constructed in phases and is expected to create thousands of local jobs.
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Automakers including BMW, Mercedes-Benz, and IM Motors have announced that they are authorized to conduct L3 autonomous driving tests after China announced new regulations last month.
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BYD plans to build a new factory to produce EVs and batteries in Szeged, southern Hungary, according to the Financial Times.
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A land acquisition and signing ceremony for Tesla's Megapack project was held in Shanghai on Friday morning, marking the official start of what the company called a "milestone project".
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Nio's 1,000th battery swap station added this year is in Xi'an, where it will hold Nio Day 2023 one day later on December 23.
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