Chinese electric car manufacturer BYD will build its first factory on European soil, the Chinese Foreign Minister announced on Friday. Before we reveal which country it is, we ask you.
Chinese electric car manufacturer BYD will build its first factory on European soil in Hungary. Hungarian Foreign Minister Peter Szijjarto announced this on Friday in Budapest.
The production facility will be built in the southern Hungarian city of Szeged and will employ several thousand people.
It is one of the largest investments in Hungarian history, Szijjarto said. He did not mention a specific investment amount.
(sda/awp/dpa)
Source: Watson
I’m Ella Sammie, author specializing in the Technology sector. I have been writing for 24 Instatnt News since 2020, and am passionate about staying up to date with the latest developments in this ever-changing industry.
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