Chinese automaker BYD is building a major manufacturing facility in Szeged, Hungary, with plans to produce up to 300,000 electric vehicles annually.
Key facts
- •BYD is the world's largest electric-vehicle manufacturer and China's largest automaker.
- •The new factory is located in Szeged, Hungary.
- •The construction project has an estimated cost of 4 billion euros.
- •The plant is designed to reach a production capacity of 300,000 vehicles annually.
- •The facility footprint is approximately the size of Berlin’s Tempelhofer Feld park.
BYD, the world's largest electric-vehicle maker, is currently constructing its first European manufacturing plant on the outskirts of Szeged, Hungary. The site, which is currently under development by Chinese construction crews, is designed to include a welding shop, press shop, paint facility, and on-site housing.
By the numbers
Scale and Scope of the Project
The new facility is being built on a site comparable in size to Berlin’s Tempelhofer Feld, a former airport. The project represents a significant investment for the Shenzhen-based company, with a total price tag estimated at approximately 4 billion euros.
Production Targets
Once construction is completed and the facility is fully operational, BYD intends to manufacture up to 300,000 vehicles per year at the Hungarian location. Currently, the site is primarily accessed by construction equipment and worker transport, but it is slated to become a central hub for the company's European vehicle production.
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This article was independently rewritten by ManyPress editorial AI from reporting originally published by Der Spiegel International.
