BYD has confirmed it’s constructing a brand new manufacturing facility in Szeged, Hungary because it continues to quickly broaden its presence in Europe.
The Chinese language carmaker claims the “state-of-the artwork facility” can have an “superior automobile manufacturing line”. At this stage BYD hasn’t disclosed when the brand new manufacturing plant will open, although it has stated it is going to be in-built phases.
BYD expects this manufacturing facility to create “1000’s of native jobs”, and can have built-in vertical provide chains to assist create an area “inexperienced ecosystem”.
It’s price noting BYD already has a producing presence in Hungary, as the corporate has an electrical bus manufacturing facility there.
The electrical bus plant started operations in 2017 and the corporate has since recorded gross sales of over 600 electrical buses in 12 European nations.
It’s unclear which BYD autos will produced at this Hungarian passenger automobile manufacturing facility, although the Chinese language carmaker presently produces each electrical autos (EVs) and plug-in hybrid autos (PHEVs) in China.
BYD presently has an EV-only line-up in Europe, together with the Atto 3 small SUV, Dolphin hatchback, Seal sedan, in addition to the bigger Han sedan and Tang SUV.
The Seal U electrical mid-size SUV can also be set to launch within the European market imminently, together with two different new fashions inside the subsequent 12 months.
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Seal U
BYD has been busily increasing world wide, just lately getting into markets like Mexico and Japan.
Since launching its Atto 3 in Australia in 2022, it has been on a tear domestically. The corporate launched the Dolphin hatchback and Seal sedan in Australia throughout 2023.
In 2024 BYD’s native distributor EVDirect has already confirmed the model plans to launch a plug-in hybrid SUV within the first half of the yr, and a plug-in hybrid ute within the second half of the yr. Camouflaged prototypes of each have already been spied in Australia.
MORE: BYD plans to build rivals for European electric cars in their own backyard
