Regardless of whether Hungary will become the site for BYD s first car factory in Europe or not, it is believed the Chinese electric vehicle (EV) giant s plan to manufacture EVs locally in Europe is moving forward. China and Europe have broad space for cooperation. Finding a common denominator on the resolution of trade disputes has never been an easy single-choice question, but the two sides seem to have little choice but to finish the test.
China s Sunwoda to build battery plant in Hungary
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China s Sunwoda to build battery plant in Hungary - People s Daily Online
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BUDAPEST, July 27 (Xinhua) China's Sunwoda Electric plans to build a power battery factory for electric vehicles with an investment of 580 billion Hungarian forints (1.7 billion U.S. dollars) in Nyiregyhaza, northeast Hungary, the country's Minister of Foreign Affairs and Trade Peter Szijjarto said here on Thursday.
China s Sunwoda to build battery plant in Hungary-Xinhua
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