China’s BYD will build its first electric bus plant in Hungary
Budapest, October 10 (MTI) – China’s BYD will build its first electric bus plant in Komárom, in northern Hungary, the foreign minister announced at a press conference in Budapest on Monday.
The 6.2 billion forint (EUR 20.4m) project includes Hungarian government support of 925 million forints, Péter Szijjártó said.
The new plant, expected to open early next year, will create 300 new jobs and produce a 200 buses each year in the first few years, the minister said.
BYD’s Komárom plant will apply modern technologies and produce environmental friendly vehicles, Chinese ambassador to Hungary Duan Jielong said at the press conference.