BYD plans to expand its Hungarian bus factory with an additional 29,000 square meters of production facilities, increasing annual capacity for electric buses and trucks.
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Category: Hungary
Xpeng has officially entered Switzerland, Austria, Hungary, Slovenia, and Croatia, expanding its European footprint.
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Xpeng has officially entered Switzerland, Austria, Hungary, Slovenia, and Croatia, expanding its European footprint.
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The facility is CATL's second European plant besides its German operation, with an annual capacity target of 100 GWh.
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BYD will delay mass production at its Hungarian EV plant until 2026 and will operate the plant below capacity for at least the first 2 years, according to Reuters.
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BYD will open its European headquarters and a new European R&D center in Budapest.
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BYD's landmark agreement with Szeged, Hungary, for a new energy passenger car factory.
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BYD is not wasting time.
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