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07 Nov
12:42

China’s BYD to build first European plant in Hungary: report

China’s EV giant BYD is reportedly planning to establish its first European car plant in Hungary, with an official announcement set to come by year-end, Kallanish notes. Citing sources close to the company, German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS) said that the decision “had already been made internally.” The speculation follows a visit by Hungarian Prime Minister Viktor Orban to the company’s headquarters in Shenzhe…
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