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BYD plans first European car plant in Hungary

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Published: November 6th, 2023,
Last updated: November 6th, 2023

Media reports claim that Chinese EV giant BYD favors Hungary as the location for its first European car plant. The German newspaper Frankfurter Allgemeine Sonntagszeitung (FAS) reports that an internal decision has been made to build a car plant in Hungary. The newspaper cites unnamed sources close to the company.

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