BYD to Construct EV Manufacturing facility in Hungary for Localised Manufacturing in Europe


BYD, Chinese language main electrical automobile producer, introduced the subsequent stage of its European technique with the development of a brand-new manufacturing and manufacturing centre in Szeged, Hungary.

The state-of-the-art facility would be the first of its variety constructed by a Chinese language automotive firm in Europe and could have the superior automobile manufacturing line. The manufacturing unit might be in-built phases and is predicted to create hundreds of native jobs, enhance the native economic system and assist native provide chains.

The brand new manufacturing facility will incorporate essentially the most superior international know-how and extremely automated manufacturing processes to create a number one international new vitality passenger automobile manufacturing facility. The development of this manufacturing centre is predicted to have a optimistic affect on the native economic system by selling technological trade and innovation between China and Hungary. BYD can even utilise its experience in built-in vertical provide chains to assist create a inexperienced ‘ecosystem’ regionally.

Located within the coronary heart of Europe, Hungary is a vital transportation hub and boasts a wealthy historical past of experience within the automotive business. With a mature infrastructure and a well-established industrial basis, Hungary has been chosen by a number of premium European producers as a manufacturing location for passenger vehicles. This additional helps BYD’s resolution to make Hungary the centre of European manufacturing operations.

The BYD model has made important progress in launching its passenger automobile operations in Europe. Throughout the first 12 months, the corporate has established 230 retailer shops throughout 19 nations, launched 5 new fashions (BYD HAN, BYD TANG, BYD ATTO 3, BYD SEAL, and BYD DOLPHIN), spanning the C to E segments, together with hatchbacks, sedans, and SUVs. Moreover, three new fashions are deliberate to be launched throughout the subsequent 12 months.

Pushed by its international model imaginative and prescient to “Cool the Earth by 1°C”, BYD goals to speed up the tempo of latest vitality passenger automobile penetration into the European market, additional deepen its globalisation technique, and actively promote the inexperienced transformation of the worldwide vitality construction.

Extra info regarding particular particulars of the brand new manufacturing facility will comply with.


Blagojce Krivevski


Supply hyperlink