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BYD COMPANY Partners with European Firm Voestalpine to Supply Steel for Hungarian Plant
BYD COMPANY (01211.HK)(002594.SZ) entered into a cooperation agreement with European steel manufacturer, Voestalpine, in Vienna, Austria, under which Voestalpine will supply steel ...
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BYD COMPANY Partners with European Firm Voestalpine to Supply Steel for Hungarian Plant
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BYD COMPANY (01211.HK)  -1.500 (-1.193%)    Short selling $923.24M; Ratio 18.369%   (002594.SZ)  -3.200 (-0.948%)   entered into a cooperation agreement with European steel manufacturer, Voestalpine, in Vienna, Austria, under which Voestalpine will supply steel for BYD COMPANY's passenger car plant in Hungary.

Stella Li, Executive Vice-President of BYD COMPANY, and Voestalpine CEO Herbert Eibensteiner attended the signing ceremony.

Related NewsCLSA: BYD COMPANY's Production Cut Can Reduce Inventory Overhang; TP $161
The agreement includes the supply of steel sheets and plates, making Voestalpine one of the first batch of supply partners for BYD COMPANY's Szeged plant in Hungary. The collaboration marks an important step in BYD COMPANY's localization strategy.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.) (A Shares quote is delayed for at least 15 mins.)

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