BYD, the Chinese electric vehicle manufacturer, is set to expand its European operations with a new factory in Hungary. According to Alfredo Altavilla, the company's special adviser for Europe, existing plants in Spain and France are being considered as potential suppliers for the Hungarian facility. The move is seen as a strategic step towards increasing BYD's production capacity in the region and meeting growing demand for electric vehicles in Europe. As the European market continues to shift towards sustainable transportation, BYD's expansion plans could have significant implications for the region's automotive industry.
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.
