Hungary’s Economy Skyrockets As Chinese EV BYD’s Plant Leads Global Tech
In order to build its first passenger car plant in Europe, BYD, a pioneer in new energy cars worldwide, signed a land pre-purchase agreement with Szeged, Hungary, marking an important milestone in its international growth. Attended by prominent individuals from China and Hungary, this historic event marks the beginning of one of Hungary’s largest and most important investment initiatives to date, with the potential to support the country’s economy and strengthen its position in the worldwide transition to electric cars.
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