BYD European Headquarters and R&D Base in Budapest
Sector: Automotive • Location: Budapest, Hungary
Source: Site Selection Magazine
China-based EV manufacturer BYD is moving its European headquarters from the Netherlands to Budapest, Hungary, and establishing an R&D project base in the city. The investment includes a $111 million project focused on AI-based driving technology and a $141 million project on powertrain technology development to enhance EV performance and efficiency.
- Status
- Under Construction
- Sector
- Automotive, Electric Vehicles (EVs), Commercial
- Location
- Budapest, Hungary
- Updated
- 22 Jul 2026
- Source
- Site Selection Magazine
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Project Information
Participants
| Not available for this record. |
Status
Original status | Under Construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | China-based EV manufacturer BYD is moving its European headquarters from the Netherlands to Budapest, Hungary, and establishing an R&D project base in the city. The investment includes a $111 million project focused on AI-based driving technology and a $141 million project on powertrain technology development to enhance EV performance and efficiency. |
Original sector | Automotive |
Budget |
Location
Country | Hungary |
City | Budapest |
Source
Source | Site Selection Magazine |
URL |
More Details
Record type | Project |
Sector | Automotive, Electric Vehicles (EVs), Commercial |
Article published date | 2025-06-04 |
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