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BYD COMPANY Reported to Postpone Mass Production at New Hungarian Plant, Reduce Output
BYD COMPANY (01211.HK) will delay mass production at its NEV plant in Hungary until 2026, and will operate below design output for at least 2 years after mass production, Reuters q...
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BYD COMPANY Reported to Postpone Mass Production at New Hungarian Plant, Reduce Output
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BYD COMPANY (01211.HK)  -3.300 (-2.498%)    Short selling $1.37B; Ratio 36.880%   will delay mass production at its NEV plant in Hungary until 2026, and will operate below design output for at least 2 years after mass production, Reuters quoted sources as saying.

However, BYD COMPANY's new plant in Turkey is expected to start production earlier, and will produce much more than its announced production plan.

Related NewsGuotai Haitong Lists Changes in Mkt Value of Shrs Held by CN Public Funds in HK Stocks by Sector in 2Q (Table)
BYD COMPANY's shift of production from Hungary to Turkey will be a setback for the EU, which has been hoping that tariffs on Chinese-made EVs will attract Chinese investments and move high-paying manufacturing jobs to the EU.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-24 16:25.)

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