BYD will open a factory in Hungary - Industry and Analysis. The EU has been implementing an anti-dumping strategy for months to stem China's economic dominance in various sectors.
Viktor Orban has announced the opening in Hungary of a Byd Company factory, one of the main producers of electric and hybrid vehicles in the world. “This multi-billion dollar investment promises technological change, creating thousands of jobs and benefiting local suppliers", said the Hungarian prime minister on X. Orban met the leaders of the company in Budapest.