BYD has chosen Szeged in Hungary for a new passenger car manufacturing centre, placing local production at the centre of its European expansion. The company says construction will proceed in stages and expects the project to create thousands of jobs, alongside work for regional suppliers.
The announcement describes a factory for new energy vehicles, BYD's umbrella term for battery electric cars and plug-in hybrids. It promises a highly automated production line and a local supply chain drawing on the company's experience of making batteries, electric motors and other major vehicle components. BYD says it will release more detailed information about the plant later.
For European buyers, the announcement adds a manufacturing project to a business that has so far been building its retail presence. BYD reports that its first year of European passenger car expansion has brought 230 dealer outlets in 19 countries. Its five-model range at this point consists of the HAN and SEAL saloons, the TANG and ATTO 3 SUVs, and the DOLPHIN hatchback. Three further model launches are planned over the following twelve months.
Hungary already has an established automotive industry and transport infrastructure, which BYD identifies as reasons for choosing the country. The company also intends to develop local supplier relationships as the Szeged project advances.
BYD has established the location and a phased development plan, with assembly models, production capacity and the detailed start-up timetable still to follow. Those details will show how the Hungarian plant connects with the cars offered to European buyers.
Press photographs
Adapted by the BYDbase editorial team from the official BYD press release published 22 December 2023. Published on BYDbase by PTiCA. Photographs © BYD.
This article is filed under the original press-release date. Editorial adaptation and source check completed on 6 November 2026.
Recommended Comments