BYD announces foray into Hungarian passenger vehicle market

Shanghai (Gasgoo)- On October 17, BYD made a significant announcement as it officially entered the passenger car market in Hungary, with three all-electric car models for the first time showcased in the country - the BYD ATTO 3 (Yuan PLUS), the DOLPHIN, and the SEAL.

BYD debuting 3 models in Hungary; photo credit: BYD

BYD is set to open two brand stores in Budapest, the capital of Hungary, on October 19, allowing customers to place orders directly.

BYD is partnering with two authorized dealers, DUNAAUTÓ and Wallis Motor Duna Kft., to establish an extensive service network covering the entirety of Hungary. This network aims to provide a seamless and reliable experience for purchasing, driving, and after-sales service.

Since its announcement at the Paris Motor Show in 2022 to enter the European passenger car market, BYD has successfully expanded into 19 European countries. Hungary marks its inaugural entry into the Central and Eastern European market, a milestone that underscores the company's commitment to global expansion.

Michael Shu, Managing Director of BYD Europe, said: "As Hungary becomes the first country in Central Eastern Europe to embrace our electric passenger cars, this milestone holds special significance to BYD. Our deep-rooted experience in Hungary through our established BYD eBus business and the Komárom factory further feeds our excitement. We continually strive for delivering sustainable mobility solutions to the passenger car market and dedicated to providing exceptional levels of local sales and aftersales services to customers, together with our dealers, which will create a strong foundation for the BYD brand in Hungary."

As far back as 2017, BYD had invested in constructing a new energy vehicle factory in Kecskemét, Hungary, specializing in the R&D and manufacturing of electric buses and other products.