Chinese Automakers Refocus on Hybrid and ICE in Europe

Hybrid vehicles will also be rolled off the production lines.

Initially, they would produce 150,000 cars per year in Hungary, which could be scaled up to twice that later.

The two plants will be able to produce more than 300,000 vehicles in one year

Chinese Automakers Refocus on Hybrid and ICE in Europe

Auto giants BYD and SAIC lead the move to traditional powertrains as consumer demand shifts and tariffs on BEVs bite.

We already advanced it to you a few days ago and now comes the confirmation that BYD is planning to change its electrified European strategy. Because in the beginning, his idea was to land with a portfolio of 100% electric products with which he managed to overthrow Tesla, also carrying out a crucial movement as has been the announcement of the installation of two battery factories in the absence of confirmation, even a third. Factories that wou…

Chinese automaker BYD has changed its European strategy. The company wants to produce and sell more plug-in hybrid vehicles in its factories in Türkiye and Hungary.