Workers in Szeged, Hungary, found early medieval Avar-period pottery and cemetery remains while preparing the ground for BYD’s new electric vehicle factory. The Chinese automaker plans to build cars on land with archaeological significance, marking its first European production site. BYD will make electric cars in Hungary starting in early 2026. The company plans to produce tens of thousands of vehicles in the first year, reaching 300,000 cars annually by 2030. The €4 billion project will create between 4,000 and 10,000 jobs in the Szeged area. “Mass production will begin in early 2026,” according to Hungary Today, after rumors about … Continue reading Chinese EV Giant BYD Builds First European Factory in Hungary with €4 Billion, 300,000 Annual Capacity