Building Cheap Hungary 
Green Car Congress
JUNE 13, 2021
The primary factors determining the siting of new foil capacity include proximity to EV battery making customers; a site suitable for multiple expansion phases; locally available supplies of high-grade copper scrap (the primary raw material) and finally, a cheap and reliable electricity supply (the main manufacturing cost), Roskill said.
Tony Karrer Delicious EVdriven
APRIL 16, 2009
The first buyers will be fleet users, which will build central fast-charging facilities. Put simply, this little-known upstart has accelerated ahead of its much bigger rivals in the race to build an affordable electric car. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania.
Baua Electric
MARCH 4, 2024
Chinese OEMs are now producing good-quality vehicles, and thanks to cheap labor, government subsidies and economies of scale, they’re able to offer these at prices no Western automaker can hope to match. It’s building factories in Brazil, Thailand, Hungary and Uzbekistan, and will soon break ground on a plant in Mexico.
Baua Electric
JANUARY 22, 2024
Back in September, the EU launched an investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the EU.
Baua Electric
OCTOBER 30, 2024
Of course, Chinese automakers such as BYD and Chery are looking to avoid tariffs altogether and build cars in Europe, with BYD building a plant in Hungary and Chery looking to build cars via a joint venture in Spain. Other EV manufacturers in China, including BMW and Volkswagen, would be subject to a 20.7%
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.
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.
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