[Hungary plant] News & Updates

BYD May Join China-U.S. Summit Business Delegation; Overseas Signals Awaited

People familiar with the matter say BYD may be included in the Chinese corporate delegation for the China-US summit, but this has not yet been officially confirmed. In the European market, BEV registrations in 16 core markets reached 202,800 in August, up 54.2% year on year, with market share rising to 30.5%; cumulative registrations in the first eight months exceeded 1.67 million. Leapmotor is pre-producing the B10 at Stellantis's Zaragoza plant in Spain, using local content to circumvent EU tariffs; BYD plans to build three vehicle assembly plants and one battery plant in Europe, with trade policies and export channels adjusted in tandem.

33011 hours ago

Europe BEV Penetration Rises to 30.5%, BYD Plans Three Vehicle and One Battery Plant in Europe

In August, BEV registrations in 16 core European markets reached 202,833 units, up 54.2% year on year, with a 30.5% share; cumulative registrations in the first eight months exceeded 1.67 million units, up 33.1% year on year. BYD has made clear that in the long term it needs to build three vehicle plants and one battery plant in Europe, is starting its Hungarian plant and plans to finalize a second site by the end of the year, preferring acquisition and conversion, with Spain and France as priorities. Leapmotor is pre-producing the B10 at Stellantis's Spanish plant and has pushed down to 19,900 euros with the B03X, as Chinese automakers advance localized production while jockeying over tariff rules in parallel.

27312 hours ago

BMW Neue Klasse Switches to 46-Series Cylindrical Cells, CATL and EVE Energy Supply

BMW Group announced that starting from its next-generation EV platform "Neue Klasse," the sixth-generation BMW eDrive platform will fully transition to self-designed 46-series large cylindrical cells, replacing the previously used prismatic cells. CATL and EVE Energy have become core suppliers, each receiving approximately 50% of the order share. Cell-level volumetric energy density increases by over 20% compared to the fifth generation, and paired with an 800V high-voltage platform, range improves by 30% and charging speed by 30%. The first Neue Klasse model will begin production in Shenyang in 2026.

55330 days ago

H1 2026 China Auto Exports Hit 5.31M Units: Russia Returns to #1, Brazil Tops NEV Exports

CPCA data shows China exported 5.31 million vehicles in H1 2026, up 53% YoY. Russia led with 433K units, followed by Brazil at 394K. For NEV exports, Brazil was the top destination at 293K units. BYD's Hungary plant begins Q4 production; Geely acquired Ford's Spain plant; XPeng produces locally via Magna Austria.

41433 days ago

BYD Raises Overseas Target to 1.5M Units, Global Ambition Upgraded

BYD has raised its 2026 overseas annual sales target from 1.3 million to 1.5 million units. Factories in Hungary, Indonesia, and other locations are ramping up, accelerating the formation of a global production network. Meanwhile, Tesla's last Model S/X batch has been delivered, with production lines transitioning to dedicated humanoid robot manufacturing, targeting 1 million units annually. BYD is also entering the humanoid robot space, with potential sales through dealer networks.

644105 days ago

Hungary plant

BYD May Join China-U.S. Summit Business Delegation; Overseas Signals Awaited

Europe BEV Penetration Rises to 30.5%, BYD Plans Three Vehicle and One Battery Plant in Europe

BMW Neue Klasse Switches to 46-Series Cylindrical Cells, CATL and EVE Energy Supply

H1 2026 China Auto Exports Hit 5.31M Units: Russia Returns to #1, Brazil Tops NEV Exports

BYD Raises Overseas Target to 1.5M Units, Global Ambition Upgraded

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