BYD’s new passenger vehicle plant in Hungary has secured Voestalpine as its first steel supplier, while BYD expands its presence in the European electric vehicle market amid regulatory scrutiny.

At a joint press conference with his Serbian counterpart, Marko Durics, Hungarian FM Peter Szijjarto emphasized that Brussels ...

"We know that in both Hungary and Serbia, the governments are working in the interest of their nations' sovereignty. It's ...

Under the agreement, voestalpine will supply steel sheets and plates to BYD's upcoming passenger vehicle plant in Szeged, Hungary, becoming one of the factory's first official suppliers.

Chinese car manufacturer BYD has announced that it has reached agreement with voestalpine, an Austrian steel and technology ...

Satellite imagery shows how BYD's massive new car plant in Hungary is taking shape. After crushing Tesla in China, the EV giant aims to take advantage of Elon Musk's woes in Europe. The $4.5 ...

"The governments of Hungary and Serbia put national sovereignty and interests first," the foreign minister said.

It follows the company’s decision last year to build its first European manufacturing plant in Szeged, southern Hungary, a €3.6-4.1bn investment aimed at producing up to 200,000 vehicles ...

Hungary is a destination that blends history, ... Szeged, known as the "City of Sunshine," is an ideal destination during summer for its cultural events and Art Nouveau architecture.