BYD breaks ground on expansion of commercial vehicle plant in Hungary

Published: Jun 30, 2025 22:01
Source: gasgoo
On June 27, BYD held a groundbreaking ceremony for the expansion of its commercial vehicle plant in Komárom, Hungary, according to a post on BYD's WeChat account.

Shanghai (Gasgoo)- On June 27, BYD held a groundbreaking ceremony for the expansion of its commercial vehicle plant in Komárom, Hungary, according to a post on BYD's WeChat account.

The project will add 29,000 square meters of smart production facilities, significantly increasing annual production capacity for electric buses and trucks to over 1,000 units. This marks a new phase in BYD's local manufacturing strategy in Europe.

BYD Executive Vice-President Stella Li stated, "This expansion is not just about boosting production capacity. It reflects BYD's commitment to green innovation through technology and underscores our dedication to supporting Hungary's economic development and Europe's transition to sustainable transportation."

Since entering the Hungarian market in 2005, BYD has steadily expanded its European industrial footprint. The Komárom bus and truck plant, completed in 2016, laid the foundation for BYD's local operations. Meanwhile, construction of BYD's passenger vehicle plant in Szeged is progressing steadily. The expanded Komárom commercial vehicle facility will integrate advanced digital, intelligent, and green manufacturing technologies to meet the growing demand for zero-emission public transport solutions across Europe.

The expansion is also expected to create several hundred high-quality jobs, injecting new economic momentum and strengthening Hungary's pool of skilled labor.

Backed by over a decade of experience in Europe, BYD's electric buses now operate in more than 160 cities across 26 countries on the continent, with a cumulative distance exceeding 590 million kilometers—equivalent to reducing CO₂ emissions by 630,000 tonnes.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Terra Charge to Launch Tesla-Compatible EV Stations in Japan from 2028
12 hours ago
Terra Charge to Launch Tesla-Compatible EV Stations in Japan from 2028
Read More
Terra Charge to Launch Tesla-Compatible EV Stations in Japan from 2028
Terra Charge to Launch Tesla-Compatible EV Stations in Japan from 2028
Japan's Terra Charge will launch Tesla-compatible EV charging stations, with installation of Tesla-standard equipment set to begin in fiscal year 2028.
12 hours ago
[Solid-State Battery: Ganfeng Lithium's 500 Wh/kg-Class 10 Ah Product in Small-Batch Mass Production]
18 hours ago
[Solid-State Battery: Ganfeng Lithium's 500 Wh/kg-Class 10 Ah Product in Small-Batch Mass Production]
Read More
[Solid-State Battery: Ganfeng Lithium's 500 Wh/kg-Class 10 Ah Product in Small-Batch Mass Production]
[Solid-State Battery: Ganfeng Lithium's 500 Wh/kg-Class 10 Ah Product in Small-Batch Mass Production]
[Solid-State Battery: Ganfeng Lithium's 500 Wh/kg-Class 10 Ah Product Achieves Small-Batch Mass Production] On August 29, 2026, Ganfeng Lithium's semi-annual report disclosed that its 400 Wh/kg battery achieved a cycle life of over 1,100 cycles and completed engineering validation, and the world's first 500 Wh/kg-class 10 Ah product achieved small-batch mass production; a product gradient was established across 320-480 Wh/kg, with the 320 Wh/kg battery cell exceeding 1,000 cycles. Multiple silicon-based and lithium metal batteries were supplied in batches to industrial and consumer drones, and robotics products completed adaptation testing and small-batch supply. H1 revenue was 23.097 billion yuan (+175.75%), and net profit attributable to the parent was 4.257 billion yuan, a YoY turnaround to profit; the revenue contribution from solid-state batteries was not separately disclosed.
18 hours ago
[Solid-state battery: SEVC POWER completes several hundred million yuan financing, accelerating industrialisation of sulphide all-solid-state battery]
Aug 26, 2026 11:09
[Solid-state battery: SEVC POWER completes several hundred million yuan financing, accelerating industrialisation of sulphide all-solid-state battery]
Read More
[Solid-state battery: SEVC POWER completes several hundred million yuan financing, accelerating industrialisation of sulphide all-solid-state battery]
[Solid-state battery: SEVC POWER completes several hundred million yuan financing, accelerating industrialisation of sulphide all-solid-state battery]
[Solid-State Batteries: SEVC POWER Completed Several Hundred Million Yuan in Financing, Accelerating the Industrialisation of Sulphide All-Solid-State Batteries] On 26 August 2026, solid-state battery enterprise SEVC POWER announced that it had completed external financing of several hundred million yuan. This round was co-led by existing shareholders Saike Investment and CICC Capital, with Zhongguancun Qihang, Dingfeng Kechuang, Zhongguancun Yulin, Linjie Venture Capital, Yibin Talent Fund, and Yibin Zhengchuang participating as co-investors. The proceeds will be used for the construction and capacity expansion of production lines for sulphide electrolytes, high-safety batteries, all-solid-state battery cells, and PACK, and to continuously advance the development of the material system, solid–solid interface, cycle life, and continuous manufacturing processes for sulphide all-solid-state batteries, while also expanding the R&D, engineering manufacturing, and marketing teams. The company was recently certified as an “Innovative Small and Medium-sized Enterprise of Sichuan Province (2026)” and was listed on the GEI China Potential Unicorn Enterprise List, marking dual recognition from both capital markets and the industry in the industrialisation track for sulphide all-solid-state batteries.
Aug 26, 2026 11:09
BYD breaks ground on expansion of commercial vehicle plant in Hungary - Shanghai Metals Market (SMM)