Chinese carmaker BYD to build its first European electric vehicle factory in Hungary

The new factory from the world’s largest electric automaker is poised to give a significant boost to the local Hungarian economy. BYD’s manufacturing plant will cover approximately 3 square kilometers and is expected to create approximately 3,000 jobs in Szeged and the surrounding area. According to Hungary’s government, this initiative represents one of the most substantial economic investments in the country’s recent history. __________________ ShanghaiEye focuses on producing top-quality contents. Nobody knows SHANGHAI better than us. Please subscribe to us ☻☻☻ __________________ For more stories, please click ■ What’s up today in Shanghai, the most updated news of the city ■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them ■ What Chinese people’s lives are like during the post COVID-19 period ■ Views of foreign scholars on China and its affairs ■ Foreign faces in Shanghai, people living in this city sharing their true feelings ■ Mini-docs showing why China is the country it is today __________________ ☎Leave us messages if you have any suggestions or questions! Thank you!