BYD will produce electric buses in Hungary
- For decades, Hungary has been an important center for bus and coach production, as the local brand Ikarus had a monopoly on the production of this type of vehicle for all communist countries until 1991. This brand produced at this time 14,000 vehicles per year and was one of the largest bus and coach producers in the world. The buses for European market are now produced in Turkey, European Union (but without no production anymore in Hungary) and in Russia. It is to attack the European market that the Chinese manufacturer BYD decided to build an assembly plant of electric buses in Hungary, located precisely in Komarom. This plant in northwestern Hungary is expected to be operational by the first quarter of 2017. Initially, the site has been set to produce 200 electric buses per year, but production capacity could be increased to 400 units per year in case of demand.
- BYD has expanded its global position in electric buses as it has established itself in the three biggest global markets, China first (Changsha, Dalian and Changde plants), then America (Lancaster plant located in California) and finally Europe (Komarom plant located in Hungary). BYD, which has become the largest electric bus manufacturer in the world, is considering the construction of new electric bus plants in South America (Brazil) and Southeast Asia (Malaysia).
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