BYD May Bring Another Plant to Hungary, the Government Has Already Stepped in in Komárom

The BYD car brand's position in the Hungarian new car market is strengthening dramatically, the first four months of this year have brought outstanding results, and this may continue to improve in the rest of the year with the intensive expansion of the dealer network, which is supported by a strong model range from the Chinese manufacturer, which is a leader in the NEV (New Energy Vehicle) segment.

One thing is certain: the government has already declared a property a priority investment area for the national economy.

It is not yet certain whether BYD will expand its bus factory in Komárom, but the government has already declared a large property in Komárom a priority investment for the national economy, writes Telex. This will also make construction easier. The decision was published in the Hungarian Official Gazette on May 14. The maximum building area can be 60 percent, and the tallest building is 17.5 meters. The plot is next to BYD's bus factory in Komár…

The government has already declared a plot of land in Komárom, right next to the company's existing bus factory, a priority investment site ahead of the visit of the Chinese BYD CEO. The move may indicate that the cabinet is preparing in advance for a possible factory expansion, but in its response to Telex, the company wrote that no official decision has been made yet. The designation would significantly facilitate the approval of the investmen…