Auto Industry Cheap Hungary 
Baua Electric
OCTOBER 30, 2024
It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Subsidized solar panels have also wiped out European solar producers , and European governments are hoping the auto industry can avoid the same fate.
Baua Electric
DECEMBER 5, 2024
on Chinese EVs are designed to protect its struggling auto industry from Chinese competition, with Chinese automakers flooding the bloc with cheap imports. BYD is also considering manufacturing both EVs and hybrids at its new plant in Hungary. The European Union’s latest EV tariffs of up to 45.3%
EV Sales
MARCH 22, 2021
8TH PLACE: SOUTH KOREA, 51 POINTS (6TH IN 2019) Claim to fame: Korean EV makers (basically, the Hyundai-Kia conglomerate) continued their advance, nearing 200k made in 2020, while Korean battery makers cemented their global dominance with twin giants LG Chem and Samsung launching factories in Hungary, and more being built elsewhere.
Tony Karrer Delicious EVdriven
APRIL 16, 2009
Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. The Shenzhen manufacturing region, where the company is headquartered, is known for cheap unskilled labor, but BYD’s competitive advantage derives from its cheap skilled labor.
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