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BYD Names Voestalpine as Steel Supplier for Its Hungarian Auto Plant

Summary by Channel News Asia
BEIJING :Chinese automaker BYD said it signed an agreement with Austrian steelmaker voestalpine on Tuesday, selecting it as the steel supplier for BYD's passenger vehicle plant in Hungary.The cooperation marks an important step in BYD's localisation strategy, the company said in its statement posted on its so

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By strengthening the approach already taken in Europe, BYD decided to support a European company for the supply of steel to its factory in Hungary. This infrastructure will begin to produce...

·Portugal
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The Chinese electric car giant wants to be perceived as a European manufacturer. The Group estimates its market share in Austria at 2.5 percent

·Vienna, Austria
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Kurier broke the news in on Tuesday, June 24, 2025.
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