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80 new news items in the last 24 hours
  1. Home
  2. International

Chinese company BYD announces a $94 million investment in a new factory in Komarom, Hungary, to triple production of electric vehicles.

Andreea Lificiu
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29 June 2025, 13:09
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International
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BYD, a Chinese company, has announced an investment of 94 million dollars to set up a new factory in Komarom, Hungary, with the aim of tripling production of electric buses and trucks. Hungarian Foreign Minister Peter Szijjarto pointed out that this is BYD's third major investment in Hungary, following the opening of the first European plant in Szeged and the creation of an engineering center in Budapest. This expansion strengthens Hungary's position as a European leader in electric vehicle production.

Sources

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Presshub
Compania chineză BYD investește în Ungaria: 94 de milioane de dolari pentru o nouă fabrică
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Stiripesurse
Chinezii investesc puternic în Ungaria și își mută centrul de putere: Viktor Orban a dat lovitura
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Profit.ro
BYD investește 94 milioane de dolari în Ungaria pentru a tripla producția de autobuze și camioane electrice
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Profit.ro
BYD investește 94 milioane de dolari în Ungaria pentru a tripla producția de autobuze și camioane electrice
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Agerpres
BYD investește 94 milioane de dolari în Ungaria pentru a tripla producția de autobuze și camioane electrice
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Economedia
Ungaria anunță că grupul auto chinez BYD va investi 94 de milioane de dolari într-o fabrică în Komarom, în nordul țării
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Economica
BYD investeşte 94 milioane de dolari într-o nouă fabrică în Ungaria

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NEWS ON THE SAME TOPICS

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International
BYD rejects the allegations regarding the contamination of the land on which it is building the factory in Szeged, calling them false. Hungarian authorities have launched an investigation into this case.
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The former Hungarian Foreign Minister, Peter Szijjarto, has resigned from his position as a deputy to become the director at the Chinese automotive giant BYD.
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The Hungarian government warns companies in the electric vehicle battery industry that units that do not meet environmental standards risk closure.
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The Prime Minister of Hungary accuses the former Minister of Foreign Affairs of promoting China's interests, after he announced that he is leaving political life.
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Péter Szijjártó, former Minister of Foreign Affairs of Hungary, announced that he has resigned from Parliament to take a position at BYD, the Chinese electric vehicle company.
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The Ukrainian manufacturer Biopharma is doubling its investment in Oradea, reaching 85 million euros for the first phase of the pharmaceutical factory.
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BYD investment factory Hungary electric vehicles

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