China's BYD looks to pick site for 3rd Europe plant in 7-8 months

Initial EV factory in Hungary slated to open in October

20250318N BYD

BYD is expected to pick a nation "friendly" toward Chinese electric cars for the location of a third European plant. © Reuters

MILAN (Reuters) -- China's BYD aims to complete work to pick a location for a third plant in Europe in seven to eight months as it prepares to launch operations at its first facility in the region, in Hungary, the EV giant's special adviser for Europe said on Tuesday.

"All options are on the table. All countries are in the process at the moment," Alfredo Altavilla said at a conference in Milan.

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