Chinese electric vehicle maker BYD is constructing a bus factory in Hungary, the first of its kind in continental Europe. The project is expected to cost €20m ($22.4m), with the Hungarian government providing HUF925m ($3.4m). China's ambassador to Hungary Duan Jielong said that BYD, which integrates R&D technology and green energy in vehicle manufacture, is devoted to achieving zero emissions in public transport. In addition to the bus, which will be built at the new plant, Hungary has also agreed to provide an additional €5m for the construction of two other buses and three charging stations. Initially specialising in rechargeable battery technology, BYD now has a significant market presence in electric-powered public transport.
Chinese electric vehicle maker BYD is constructing a bus factory in Hungary, the first of its kind in continental Europe. The project is expected to cost €20m ($22.4m), with the Hungarian government providing HUF925m ($3.4m). In addition to the bus, which will be built at the new plant, Hungary has also agreed to provide an additional €5m for the construction of two other buses and three charging stations. Initially specialising in rechargeable battery technology, BYD now has a significant market presence in electric-powered public transport.