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Wang Chuanfu: BYD Sets up European HQ in Hungary
Wang Chuanfu, founder and chairman of BYD COMPANY (01211.HK)(002594.SZ), stated after meeting with Hungarian Prime Minister Viktor Orban in Budapest that BYD will set up its Europe...
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Wang Chuanfu: BYD Sets up European HQ in Hungary
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Wang Chuanfu, founder and chairman of BYD COMPANY (01211.HK)  +13.800 (+3.283%)    Short selling $1.39B; Ratio 22.826%   (002594.SZ)  +12.370 (+3.283%)   , stated after meeting with Hungarian Prime Minister Viktor Orban in Budapest that BYD will set up its European headquarters in Hungary, according to foreign media reports.

This move aims to strengthen the company's presence in the European market and raise service efficiency. Through this strategic initiative, BYD will further extend its global presence and promote the international development of the new energy vehicle industry.

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Wang acknowledged that Hungary is one of the world's automotive industry centers, with developed infrastructure and a mature industrial base.

Establishing the European headquarters in Hungary is a milestone for BYD and a concrete demonstration of Sino-Hungarian cooperation under the "Belt and Road" initiative framework, he remarked.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 16:25.) (A Shares quote is delayed for at least 15 mins.)

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