China EV maker BYD to build first Europe plant in Hungary -FAS
© Reuters. A BYD's electric vehicle Qin moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/ File PhotoThe Frankfurter Allgemeine Sonntagszeitung , citing unnamed sources close to BYD, said the decision had already been made internally.
A government website in Shenzhen, where BYD is headquartered, posted an article last month saying that Hungarian Prime Minister Viktor Orban met BYD Chairman and President Wang Chuanfu on a visit to the company. BYD, contacted by Reuters, said that it was still looking for the right location and would make an announcement at the end of the year.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.
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