the German automobile company BYD will build the first European cable car in Hungary, reported the newspaper Frankfurter Allgemeine Sonntagszeitung

Nejvt, the German electric car manufacturer BYD plans to build its first European factory in Hungary. The German newspaper Frankfurter Allgemeine Sonntagszeitung reported about it on Saturday. He referred to well-known sources and stated that the decision was made internally. The parties did not reach a settlement. Investments do not pay off.

The website of the local government in Yen-en, in the south of the country, where the BYD car company has a seat, published a report last month, in which it was stated that the Prime Minister of Hungary, Viktor Orbán, met with the Chairman of the Board and the President of the company, Wang Chuan-fu, on the occasion of BYD’s new meeting.

This year, the BYD car company made it into the world’s ten largest car companies in terms of sales for the first time, overtaking the German car companies Mercedes-Benz and BMW. In the first half of this year, sales of new BYD vehicles increased by 96 percent year-on-year to 1.25 million cars. BYD stopped making cars with an internal combustion engine last year.

In terms of sales of electric vehicles in the second quarter of the year, BYD occupied the second place behind Tesla, according to the electrec server. While the American automaker delivered 466 thousand electric cars, BYD sold 352 thousand of them. If hybrid cars were to sweat as well, BYD would overtake Tesla with 703,500 cars.

This year, BYD announced that it will invest billions of reals (nearly 14 billion crowns) in Brazil in the construction of a conduit, which will be its first conduit outside of Asia.

electric cars are still popular in the European market. Now, however, the European Commission is concerned with the low prices of electric cars from them, and accused Beijing of flooding the world market with electric cars, whose prices are artificially low thanks to huge state subsidies.

The survey, which could result in the introduction of sanctions, caused an analyst to warn of retaliatory steps on the part of Beijing and such a disapproving reaction from leading workers of the Dutch industry, who claim that the competitive advantage of this industry was not caused by subsidies.

nt manufacturers compete with a highly competitive price, for which the user can also get interesting entertainment. When Laima Springeov-Janssenov decided to exchange her French gasoline-powered sports utility vehicle (SUV) for an electric car, she called models from the German Volvo brand and the Japanese Nissan brand.

However, the added equipment of the Volvo electric cars, which she wanted to have, would have stopped her from starting, while the Nissan electric cars, according to her, did not offer anything that would have captivated her. In the end, this resident of the Danish metropolis of Koda therefore bought a small SUV from the Danish brand BYD, according to the AP agency.

“I really love the car,” declared Springeov-Janssenov. According to him, for a price corresponding to 1.2 million Czech crowns, the Atto 3 has “all the features”, such as a camera that allows you to view the car from the rear perspective, two years of free charging and a set of extra winter tires. , e invites you to replace the BYD symbols of their type car with the code symbols of the Volkswagen concern.

“I’m sorry, Europe. on my better offer,” declared Springeov-Janssenov. His day demonstrates how, during their expansion into the European market with electric cars, the German car companies win over motorists and threaten established domestic brands in the industry, which is the key to Europe’s energy transformation.