Click for more NEVs.
BYD, the world’s leading manufacturer of new energy vehicles (NEVs)* in communist China, said today that the next step of its European strategy will be the construction of a new manufacturing and production center in Szeged, Hungary. The factory will be the first of its kind built by a Chinese automotive company in Europe. The factory will be built in phases and is projected to create thousands of local jobs, boost the local economy and support local supply chains. BYD will also apply its expertise in integrated vertical supply chains to help create a green ‘ecosystem’ locally.
Hungary is an essential transportation hub and has a rich history of expertise in the automotive industry, according to BYD. With a mature infrastructure and a well-established industrial foundation, Hungary has been chosen by several premium European manufacturers as a production location for passenger cars. “This further supports BYD’s decision to make Hungary the center of European production operations,” the company said. However, there is an ongoing dispute about whether Hungary can maintain its status as an EU member, which could hurt BYD’s plans to have 10% of the market.
The BYD brand is launching its passenger car operations in Europe. Within the first year, the company has established 230 retailer stores across 19 countries, introduced five new models (BYD HAN, BYD TANG, BYD ATTO 3, BYD SEAL, and BYD DOLPHIN), in the C to E segments, including hatchbacks, sedans, and SUVs. Additionally, three new models are planned to be launched within the next 12 months.
“Driven by its global brand vision to Cool the Earth by 1°C, BYD aims to accelerate the pace of new energy passenger vehicle penetration into the European market, further deepen its globalization strategy, and actively promote the green transformation of the global energy structure,” the company said.
*Under Chinese government mandates NEVs include battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell vehicles (FCVs). The NEV regulation is designed to substantially increase new energy vehicle production with flexibility in China’s existing fuel consumption regulation via technology-based credits. The regulation appears to have been inspired by California’s Zero Emissions Vehicle (ZEV) program. However, it links a manufacturers’ corporate average fuel consumption (CAFC) performance with a NEV credit. On 1 January 2021, the regulation entered its second phase, as part of what will be progressively tighter standards.
AutoInformed on
About Ken Zino
Ken Zino, publisher (kzhw@aol.com), is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Chinese BYD to Build Hungarian EV Factory
Click for more NEVs.
BYD, the world’s leading manufacturer of new energy vehicles (NEVs)* in communist China, said today that the next step of its European strategy will be the construction of a new manufacturing and production center in Szeged, Hungary. The factory will be the first of its kind built by a Chinese automotive company in Europe. The factory will be built in phases and is projected to create thousands of local jobs, boost the local economy and support local supply chains. BYD will also apply its expertise in integrated vertical supply chains to help create a green ‘ecosystem’ locally.
Hungary is an essential transportation hub and has a rich history of expertise in the automotive industry, according to BYD. With a mature infrastructure and a well-established industrial foundation, Hungary has been chosen by several premium European manufacturers as a production location for passenger cars. “This further supports BYD’s decision to make Hungary the center of European production operations,” the company said. However, there is an ongoing dispute about whether Hungary can maintain its status as an EU member, which could hurt BYD’s plans to have 10% of the market.
The BYD brand is launching its passenger car operations in Europe. Within the first year, the company has established 230 retailer stores across 19 countries, introduced five new models (BYD HAN, BYD TANG, BYD ATTO 3, BYD SEAL, and BYD DOLPHIN), in the C to E segments, including hatchbacks, sedans, and SUVs. Additionally, three new models are planned to be launched within the next 12 months.
“Driven by its global brand vision to Cool the Earth by 1°C, BYD aims to accelerate the pace of new energy passenger vehicle penetration into the European market, further deepen its globalization strategy, and actively promote the green transformation of the global energy structure,” the company said.
*Under Chinese government mandates NEVs include battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell vehicles (FCVs). The NEV regulation is designed to substantially increase new energy vehicle production with flexibility in China’s existing fuel consumption regulation via technology-based credits. The regulation appears to have been inspired by California’s Zero Emissions Vehicle (ZEV) program. However, it links a manufacturers’ corporate average fuel consumption (CAFC) performance with a NEV credit. On 1 January 2021, the regulation entered its second phase, as part of what will be progressively tighter standards.
AutoInformed on
About Ken Zino
Ken Zino, publisher (kzhw@aol.com), is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. Zino is at home on test tracks, knows his way around U.S. Congressional hearing rooms, auto company headquarters, plant floors, as well as industry research and development labs where the real mobility work is done. He can quote from court decisions, refer to instrumented road tests, analyze financial results, and profile executive personalities and corporate cultures. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.