BYD is to build a brand-new manufacturing and production centre in Szeged, Hungary. The state-of-the-art facility will be the first of its kind built by a Chinese automotive company in Europe.
The BYD brand has big plans to expand its passenger car operations in Europe. Within the first year, the company has established 230 retailer stores across 19 countries, introduced five new models (HAN, BYD TANG, ATTO 3, SEAL, and DOLPHIN). Additionally, three new models are planned to be launched within the next 12 months
Driven by its global brand vision to "Cool the Earth by 1°C", BYD aims to accelerate the pace of new energy passenger vehicle penetration into the European market, further deepen its globalisation strategy, and actively promote the green transformation of the global energy structure.
More information concerning specific details of the new production facility will follow.