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21 Dec
19:14

BYD’s Hungary selection for EV, battery plant imminent

Chinese battery and electric vehicle manufacturer BYD is set to announce a new investment in Hungary as early as Friday, as talks with local government reach a final stage. Citing three sources briefed on plans, the Financial Times reported the new factory will be built in Szeged to produce both batteries and EVs. The location hint was based on Prime Minister Viktor Orbán’s comments at a press conference on Thursday saying the southern region, near t…
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