China's BYD makes Budapest regional HQ

2 min read BID, China, HIPA, Wang Chuanfu, European Union, Business, Economy, Energy, Hungary, Politics

Chinese electric vehicle (EV) manufacturer BYD on 15 May signed an agreement with the Hungarian government to relocate its European headquarters to Budapest's 11th District, alongside two major research and development projects. The announcement marks the latest phase in BYD's European expansion. Hungary's government