Overview

• BYD's European headquarters and R&D center will be located in Budapest’s 11th District, marking its fifth site in Hungary.
• The project will initially create 2,000 jobs, with 90% of R&D staff expected to hold university degrees.
• BYD will collaborate with at least three Hungarian universities to enhance training and foster innovation.
• R&D efforts will prioritize intelligent mobility and advanced electrification technologies for future EVs.
• Hungarian government support, coupled with BYD’s localization strategy, underscores Hungary’s role as a key hub for BYD’s European expansion.