Electric Cars Report
DECEMBER 25, 2023
BYD, Chinese leading electric vehicle manufacturer, announced the next stage of its European strategy with the construction of a brand-new manufacturing and production centre in Szeged, Hungary.
Electric Cars Report
AUGUST 7, 2022
Chinese premium electric vehicle manufacturer Nio has announced plans to open its first overseas facility in Budapest, Hungary, in September 2022. The opening is part of Nio’s strategy to increase its car sales across […] The post Nio to open first overseas facility in Hungary appeared first on Electric Cars Report.
Baua Electric
JANUARY 3, 2024
Chinese automaker BYD has concluded 2023 with record-breaking sales, which surpasses the 3 million annual sales target and retains its position the global new energy vehicle (NEV) sales champion, for the second year in a row. This year also marks BYD being listed among the global top 10 of car sales for the first time.
Green Car Congress
NOVEMBER 19, 2020
The future assembly and its production processes will be designed for a new cluster architecture geared towards electric drive trains. It will ramp up for the first time at our future plant in Debrecen, Hungary, before being rolled out across our global production network in stages. —Milan Nedeljkovi?.
Green Car Congress
APRIL 19, 2021
Following the EQA 250 (combined electrical consumption: 15.7 kWh/100 km) it is the second fully electric compact car from Mercedes-EQ. After Europe, the international version of the EQB, produced in Kecskemét, Hungary, will be launched at the end of the year, followed by the US market launch in 2022.
Baua Electric
FEBRUARY 7, 2024
BYD was reported to be among the companies interested, but the Chinese automaker has since announced it is opening its first European plant in Hungary. Ford began production of its Focus Electric at Saarlouis in 2013, a few years after it was launched in the US and built in Michigan.
Baua Electric
MARCH 28, 2024
As new electric cars roll out in China, BYD sees joint venture brands (overseas automakers) market share falling from 40% to 10%. The 30% offers room for Chinese brands to grow. For example, BYD is building a plant in Hungary that will “be Europe, for Europe.”
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