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BYD secures land for Hungary plant, planning to bring Denza to Europe

Peng Chen, DIGITIMES Asia, Taipei Friday 2 February 2024 0

BYD signs a prelimnary land purchase agreement with the municipality of Szeged. Credit: BYD

China-based BYD took a step forward to localize its production in Europe. The automaker signed a preliminary land sales and purchase agreement with the municipality of Szeged, Hungary, on January 30 for its first passenger EV plant in Europe.

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