BYD announces voestalpine as major supplier to its first European car factory
June 24, 2025
- Austrian company will produce steel for plant in Szeged, Hungary
- Facility will be ready to start manufacturing vehicles by end of 2025
- Regional supply base key to policy of localised production
- New V2H pilot project also confirmed for Austria
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BYD, the world’s leading manufacturer of new-energy vehicles, is pleased to announce that it has reached agreement with voestalpine, a globally leading steel and technology group, to supply its new passenger-car factory in Hungary.
Confirmed by BYD Executive Vice President Stella Li in Vienna, alongside voestalpine CEO Herbert Eibensteiner, the agreement covers sheet steel, and makes voestalpine one of the first confirmed supply partners for the Szeged facility. The company was chosen by BYD because of its geographical proximity to the factory in Hungary, and the high quality and excellent reputation of Austrian steel.
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