BYD to establish European headquarters and R&D center in Hungary
May 16, 2025
Chinese electric vehicle giant BYD will establish its European headquarters and a significant research and development hub in Budapest. The investment is part of a €248 million expansion into Hungary. It underlines the company’s growth ambitions and the Orban government’s close ties with Beijing. Prime Minister Viktor Orbán and BYD’s chairman and chief executive, Wang […]