BYD European Passenger-Car Manufacturing Plant in Szeged
Sector: Electric Vehicles (EVs) • Location: Szeged, Southern Hungary, Hungary
Source: EU Today
BYD selected Szeged, Hungary, as the location for its first European passenger-car manufacturing plant. The project is a flagship investment under Hungary's policy to strengthen economic relations with China, involving substantial state subsidies and expected to create around 2,000 jobs. The manufacturing plant is a multibillion-euro investment aimed at producing electric vehicles for the European
- Status
- Under Construction
- Sector
- Electric Vehicles (EVs), Manufacturing (Industrial), Automotive, Government
- Location
- Szeged, Southern Hungary, Hungary
- Updated
- 22 Jul 2026
- Source
- EU Today
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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 | BYD selected Szeged, Hungary, as the location for its first European passenger-car manufacturing plant. The project is a flagship investment under Hungary's policy to strengthen economic relations with China, involving substantial state subsidies and expected to create around 2,000 jobs. The manufacturing plant is a multibillion-euro investment aimed at producing electric vehicles for the European market. |
Original sector | Transportation |
Budget |
Location
Country | Hungary |
State | Southern Hungary |
City | Szeged |
Source
Source | EU Today |
URL |
More Details
Record type | Project |
Sector | Electric Vehicles (EVs), Manufacturing (Industrial), Automotive, Government |
Article published date | 2026-07-18 |
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