BYD has decided to postpone mass production in Hungary to 2026, focusing on the lower-cost plant in Turkey.
Andreea Lificiu
International
Credit editorial: TY Lim / Shutterstock.com
Always see our news on Google
BYD has decided to postpone the start of mass production at its plant in Hungary to 2026, where it will run below capacity in the early years. Instead, the company will ramp up production at its plant in Turkey, where labor costs are lower, exceeding initial plans. The move is disadvantageous for the European Union, which had hoped to attract Chinese investment in the auto sector. The plant in Hungary, with a planned capacity of 300,000 vehicles a year, will start with just tens of thousands of units in 2026.
Sources
BYD amână începutul producţiei de masă la noua uzină din Ungaria
BYD amână momentul în care va începe producția de masă la noua uzină din Ungaria
BYD amână momentul în care va începe producția de masă la noua uzină din Ungaria
BYD amână momentul în care va începe producţia de masă la noua uzină din Ungaria
BYD amână producția de serie la fabrica din Ungaria. Între timp uzina din Turcia va demara producția mai devreme
Gigantul chinez BYD amână producția la noua fabrică din Ungaria, dar va produce mai mult în Turcia
Latest News
18:59
In southern Lebanon, Lina Jouni transforms fragments of Israeli ammunition into sculptures and decorative objects
18:55
Putin rejects compromises over the Donbas and tells European leaders that Russia is maintaining its objective in Ukraine
18:49
A Romanian man was arrested in Turin, accused of fatally stabbing a young Senegalese man in a park
18:38
CNAIR is closing the Transfăgărășan due to snowfall, fog and low temperatures
18:30
Five Romanians arrested in Italy after stealing three tons of copper from a construction site
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
.webp)
.webp)
