BYD is ‘just getting started’ in Europe with plans to triple its EV market share
Baua Electric
MARCH 12, 2024
BYD aims for a 5% share of EV sales in Europe, even before production begins in Hungary. The facility will build electric cars with battery packs built in Hungary. The Hungary plant will be able to build 150,000 vehicles a year with the ability to double output to 300,000 eventually. Shu explained, “It will be Europe for Europe.”
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