Tesla Rival BYD's Hungary Facility Takes Shape, Poised To Produce 200,000 EVs Annually: Report

www.benzinga.com

Tesla Rival BYD's Hungary Facility Takes Shape, Poised To Produce 200,000 EVs Annually: Report

www.benzinga.com

schizoidman@lemm.ee to

Europe@feddit.orgEnglish · 21 hours ago

Tesla Rival BYD's Hungary Facility Takes Shape, Poised To Produce 200,000 EVs Annually: Report - BYD (OTC:BYDDF), BYD (OTC:BYDDY)

www.benzinga.com

BYD is expanding into Europe with a new factory in Hungary, showing potential for growth in the EV market as the company chases TSLA.

The company also has plans to set up a facility in Turkey in the near future, and is considering a third factory in Europe, the report suggests.

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