BYD opens electric bus factory in Hungary

Chinese vehicle manufacturer BYD opened its first European electric bus factory in the northern Hungarian city of Komarom.

BYD is expected to invest a total of $21.3 million (20 million euros) in the project through 2018.

Currently, there are 32 employees, but the company plans to employ around 300 people to assemble up to 400 electric buses a year on two shifts, which will be exported to customers across continental Europe.

After producing electric buses and coaches, the company will begin making electric forklift trucks and light commercial vehicles.

Isbrand Ho, managing director at BYD Europe, said that his firm had chosen Hungary and Komarom because of its central location and its long tradition of engineering excellence. (Photo 3)

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