On May 16, BYD revealed through its official WeChat account that it had officially established its European headquarters and R&D center in Budapest, Hungary, on May 15. Nestled in the 11th district of Budapest, this center will primarily focus on sales and after-sales services, vehicle testing and certification, and localized vehicle development. The project is anticipated to generate approximately 2,000 jobs, with 90% of these positions dedicated to attracting highly skilled engineering talents. The total investment for this ambitious initiative stands at approximately 20 billion yuan.
