The prestigious project in Szeged should start production at the end of the year. The first BYD automobile factory in Europe is built on the area of 300 hectares on the outskirts, which should begin at the end of 2025. Models Dolphin and Atto 3, both in the Golf class, should be made in the first place. Attack on VW, but not one of the ultra is the vehicle that BYD made in China as a market leader.
With a capacity of 150,000 to 200,000 cars per year, the facility should become the largest automobile factory in Hungary and create about 10,000 jobs. This not only competes with Teslas GigaFactory in Brandenburg, but will also create an alternative to the EU criminal crimes in 17 percent, which were raised to import a Chinese electric car since October 2024.
In parallel with the expansion of the BYD car, Komárom has strengthened its commitment to 2017. Production capacities for electric buses and trucks are increasing, 620 new jobs should be created. In Hungary, the sales and maintenance center, test premises and the development of versions of vehicles adapted to Europe are also planned.
Would you want by BYD more work in Europe?
Observers suspect that the plant should also serve as a plan for further objects in Europe. Byd is already working in two batteries in Fót and Páty in Bacon Belt of Budapest. Now the headquarters of the EU has also been transferred to the capital. As the reason for its Hungarian focus, the state company mentions that in the country it will be represented in a country with electronic ba-devices. The TAZ request to the background and numerous criticisms remained unanswered.
This includes, for example, the accusation that the company receives state subsidies. In October last year, the EU commission has already introduced tariffs for compensation against several manufacturers from the People’s Republic. The room now says that such subsidies also flow at the factory in Segga. The corresponding exam in the EU has been conducted since March, as the Financial Times first reported.
Official confirmation for this is still under consideration. The European Commission did not comment on this on request. The European Minister of Hungary Janos Boka said in March that such an investigation would not surprise him, because the EU is especially critical of Budapest. The Hungarian government left the investigation unanswered.
Another point in criticism: Hungarian work is built by Chinese workers and mainly uses imported components, which only minimally introduces minimal economic added value of the EU. On the other hand, environmental pollution, which is already expanding due to the expansion of several streets, future huge water consumption and emissions.
Hungary is popular among Chinese investors
The BYD expansion is part of the wider strategy of the Hungarian government with the right conservator Viktor Orban. In recent years, Hungary has established itself as a preferred goal of Chinese investments in Europe – in 2024, about 40 percent of the total tributary of Chinese capital plunged into the EU in Hungary. In addition to BYD, Battle Group Catl also builds a plant of 7.6 billion euros in Debrequen.
Hungarian Foreign Minister Peter Shijarto recently acquired this policy with the words: “We are not considering cooperation with the east-west as a threat and an excellent opportunity.” Orban was also open to cooperation with China for many years. In any case, it is put on the map on the map: Europe sees in Europe an important growth of the market after the United States has practically closed access with 100 percent punitive tariffs.
