China Electric Automotive Giant BYD announced that it will build the first new energy vehicle production base in Hungary.

BYD Friday (December 22) made the above announcement on the official website and WeChat public account.

According to the announcement, BYD will build a new energy vehicle production base in Sai Ged, Hungary. The base will be constructed in stages and is expected to create thousands of jobs locally.This will be the first production base built by Chinese car companies in Europe and has advanced production lines.

BYD's new production base plans to use global advanced process equipment and highly automated production processes to create the world's leading new energy vehicle manufacturing base.

The construction of the production base will actively drive the development of the local economy, promote technological exchanges and innovation between China and Hungarian, and help build the green "ecosystem" with BYD's own industrial chain.

Hungary is located in the heart of the European continent. It is an important transportation hub in Europe. It has a long history of Hungary's automotive industry. It has developed infrastructure and mature automotive industry foundation. It provides BYD's local construction factories.Opportunity.

Adhering to the "environmental protection vision of cooling one degree Celsius on the earth, BYD hopes to accelerate the pace of the European market in the European market, further deepen the global layout, and actively promote the green transformation of global energy structure.P>

According to Reuters and Bloomberg, BYD set up an electric bus in the city of Komarom, a city in northwestern Hungary in 2016.Szijjarto said in a statement that after being approved by the European Commission, Hungary will announce the subsidies provided to BYD production bases.The monthly launch of the anti -subsidy survey of Chinese electric vehicle companies stated that after the national subsidies were obtained, the investigation or the investigation may lead to countermeasures for the EU and impose tariffs on Chinese imported cars.