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BYD is ‘just getting started’ in Europe with plans to triple its EV market share

Baua Electric

BYD aims for a 5% share of EV sales in Europe, even before production begins in Hungary. The facility will build electric cars with battery packs built in Hungary. The Hungary plant will be able to build 150,000 vehicles a year with the ability to double output to 300,000 eventually. Shu explained, “It will be Europe for Europe.”

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BYD says EVs have entered the ‘knockout round’ with next-gen tech rolling out

Baua Electric

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. Let the “liberation battle” begin After declaring a “liberation battle” against gas-powered cars earlier this year, BYD, or Build Your Dreams, is putting pressure on overseas rivals.

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