"BYD Expands European Footprint: Hungary Factory to Tap into Existing Partnerships. BYD, the Chinese electric vehicle manufacturer, is set to open a new factory in Hungary, and the company's special adviser for Europe, Alfredo Altavilla, has revealed that existing partnerships with plants in Spain and France are under consideration for the new facility. This strategic move reflects BYD's growing presence in the European market, where electric vehicle demand is on the rise. As the company looks to tap into the region's established supply chains, the potential partnership with Spanish and French plants could provide a significant boost to BYD's production capabilities in Europe."
Existing plants in Spain and France are candidates to be added to a new factory in Hungary, Alfredo Altavilla, BYD's special adviser for Europe, said.
