BYD

China’s BYD makes Budapest regional HQ

Chinese electric vehicle (EV) manufacturer BYD on 15 May signed an agreement with the Hungarian government to relocate its European…

7 months ago

Trump tariffs split EU as Hungary seeks exemption

Hungary has broken ranks with the EU in response to the US's new tariffs policy, as Hungarian Prime Minister Viktor…

8 months ago

EU probes Hungarian subsidies to BYD under new foreign subsidies rules

The European Commission (EC) has launched an inquiry into state support provided by Hungary to Chinese electric vehicle (EV) manufacturer…

9 months ago

FDI paints rosier picture for Poland, Romania – OECD report

Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic…

1 year ago

Forint tumbles after Moody’s downgrade

The Hungarian forint plummeted to a near-historic low against sterling on Monday morning, with a British pound buying HUF 501.5.…

1 year ago

As EU slaps new tariffs on Chinese BEVs, VW rolls out ‘gamechanging’ electric vehicle

The European Commission (EC) has announced that it will impose additional import tariffs on Chinese battery electric vehicles (BEVs) following…

1 year ago

Chinese vehicle maker BYD plans plant in Szeged

After months of speculation, Hungarian Foreign Minister Peter Szijjarto announced that China's BYD will build its first electric vehicle (EV)…

2 years ago