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
09:16
Devastating fire at a social housing complex in Săcălaz, Timiș
09:02
The United States has imposed tariffs of 50% on Canadian products worth 20 billion dollars, and Canada has announced that it will retaliate.
08:41
Romania is taking emergency measures to ensure the necessary water supply for the Cernavodă Power Plant, in the context of the decreasing flow of the Danube.
08:28
Prince Harry, Elton John and other celebrities have been ordered by the court to pay millions of pounds in the lawsuit against "The Daily Mail".
08:19
American planes are flying over the Taiwan Strait, confirming the commitment of the USA
See more news