China's BYD to build new energy vehicle production base in Hungary
BEIJING (Reuters) -Chinese electric vehicle giant BYD is to build a new energy vehicle production base in Hungary, it said on Friday. The new facility to be built in Szeged, southern Hungary is expected to create thousands of local jobs, BYD said in a statement on its official WeChat account. The biggest Chinese rival to Tesla already has a plant in the city of Komarom in northwest Hungary that assembles electric buses.