BYD opens electric bus plant in Hungary

Updated 2017-04-06 11:00:47 China Daily
“A

A BYD Co electric bus is on display at the transport authority in Los Angeles.

Chinese electric vehicle manufacturer BYD Co Ltd unveiled its first European electric bus factory in the northern Hungarian city of Komarom on Tuesday.

Production at the 20 million euro ( million) facility is set to begin within days, according to BYD.

The plant will employ 32 people, but BYD plans to expand that to 300.

Isbrand Ho, managing director of BYD Europe, said the company was looking to buy more land to expand the production base and eventually increase the number of employees to 600, mostly Hungarians.

The factory will produce 200 buses per year at first, with plans to increase output to 400.

Duan Jielong, Chinese ambassador to Hungary, said: “I hope the BYD project will achieve mutual benefits, including common development and a move toward bilateral cooperation in the automotive industry.”

Peter Szijjarto, Hungary's minister of foreign affairs and trade, said: “We are very pleased that BYD has brought innovation and international competitiveness to our auto sector.”

BYD has evolved in recent years to become an industry leader in electric-powered public transportation.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58August 22 2017 23:06:32

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16August 22 2017 23:06:32

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18August 22 2017 23:06:32

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords