BYD plans three European assembly plants and a battery factory

  • BYD outlined plans for three European assembly plants and one battery factory.
  • Three assembly plants and one battery factory are the company’s long-term European target.
  • BYD is bringing its first Hungarian plant online and will choose a second site this year.

BYD is developing a long-term European manufacturing network of three vehicle assembly plants and one dedicated battery factory. Special adviser for Europe Alfredo Altavilla said the first facility is being brought online in Hungary, while the company expects to choose a second site before the end of the year, with Spain and France among the preferred options. BYD favors acquiring and refurbishing an existing plant, which could reduce the cost and time of expansion as tariffs, regulatory scrutiny and pressure for localized clean-energy manufacturing rise in Europe. The company’s vertically integrated supply chain and overseas expansion have supported its position as the world’s top seller of electric vehicles, ahead of Tesla. The broader footprint would also intensify competition for European automakers while offering potential investment and jobs.

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