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
12:18
A seven-year-old boy was found alone on Mount Fuji by a cabin keeper, after his father left him to climb with his older son. The incident occurred on the Fujinomiya trail.
12:05
TikTok has agreed to pay 400 million dollars to settle a lawsuit related to the violation of children's privacy. The agreement is based on allegations that the platform collected data about users under 13 years old.
11:55
Anthropic, a leader in artificial intelligence, could surpass SpaceX's record with a stock market listing of over 100 billion dollars.
11:46
The National Meteorological Administration issued orange and yellow heatwave alerts for the entire country, as well as a warning for rain and storms for the counties in the central and northeastern parts of the country.
11:36
A man died, and two others were injured after the vehicle they were in crashed into a ravine in Buila-Vânturarița National Park.
See more news