BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, is pleased to announce that he has made an agreement with the globally active steel and technology group Voestalpine, an agreement on the delivery of his new car plant in Hungary.
The agreement, which was officially announced by BYD Vice President Stella Li in Vienna together with Voestalpine CEO Herbert Eibensteiner, comprises steel sheets and makes the Voestalpine one of the first confirmed delivery partners for the work in Szeged. The company was selected by BYD due to its geographical proximity to the work in Hungary as well as the high quality and the excellent reputation of the Austrian steel.
The agreement is an important step in BYD’s localization strategy because the brand is further expanding its activities throughout Europe. By the end of 2025, BYD will be represented in 29 European countries and will have a sales network with more than 1,000 showrooms. In addition, BYD recently decided to build a new European headquarters in Budapest, together with its first tailor-made European research and development center, which will also be built in Hungary.
BYD will produce cars in Europe for Europe
The announcement of Voestalpine AG as a supplier shows how much BYD is committed to finding high -quality, competitive local suppliers in order to support his declared goal of producing cars in Europe for Europe. The company continues to meet hundreds of potential suppliers in key markets, while it is driving the preparations for the start of European production.
Stella Li, Executive Vice President von BYD: “BYD has always made it clear that we have come to Europe to stay here – and to produce. Our commitment to the European market is sustainable and, as we show here, goes far beyond the sale of cars. We are pursuing a long -term vision with the aim of being perceived by consumers as a European manufacturer within the next five years. Our factory in Hungary is of course the focus, so every local supplier is the supplier that we are Another important step.
Herbert Eibensteiner, CEO of Voestalpine AG, adds: “With its high -quality steel products, the Voestalpine is an important partner for the global automotive industry. With a unique combination of technology and material competence, we offer well-known automobile manufacturers: inside and- supplied: reliable and sustainable solutions inside. Our products are represented in almost all automotive assemblies-from the body to the drive to safety-relevant parts. With BYD, we are now supplying a technology company from China from our location in Linz from autumn from our location in Linz. We are confident that this first order for the production of high -quality flat steel for body and outer skin forms the basis for long -term cooperation. ”
Austria becomes a V2H pilot market in the EU
BYD has made strong progress in Austria and has become number one among the private buyers of electric vehicles (with a market share of 15 %). The company’s overall market share in this country is now 2.5 %. To further support this success, BYD has also announced that Austria should be the EU pilot market for the implementation of V2H technology (vehicle-to-home) in its vehicles.
Austria was selected for this project, which is also carried out in cooperation with a local industrial partner, since the expansion of the PV systems has accelerated significantly (note: currently more than half of the Austrian households are supplied with solar energy). Customer interest is also great: domestic BYD retailers report that half of the showroom visitors ask when the V2H function will be available to maximize your own power supply and reduce your energy costs. Further details about the project, including a schedule, will be announced shortly.
Press photos of the media event (Credit: BYD / Philipp Lipiarski): https://tinyurl.com/37h5pnd9
About byd
BYD is a multinational high-tech company that is committed to using technological innovations for a better life. Founded in 1994 as a manufacturer of rechargeable batteries, BYD today has a diverse business area that includes automobiles, rail transport, new energies and electronics, with over 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary and India. From energy generation and storage to their applications, BYD is committed to providing emission -free energy solutions that reduce the global dependency on fossil fuels. His new energy vehicles are now represented on 6 continents, in over 100 countries and regions and in more than 400 cities. The company is noted in both the Hong Kong and the Shenzhen exchange and is known as a Fortune Global 500 company, which provides innovations for a greener world. You can find more information at www.bydglobal.com.
About BYD Auto
BYD Auto was founded in 2003 and is the automotive subsidiary of BYD, a multinational high-tech company that is committed to using technological innovations for a better life. With the aim of accelerating the ecological change in the global transport sector, BYD Auto focuses on the development of pure electrical and plug-in hybrid vehicles. The company dominates the core technologies of the entire industrial value chain for vehicles with new energies, including batteries, electric motors, electronic control units and semiconductors in automotive quality. In recent years it has made significant technological progress, including the Blade battery, the DM-I and DM-P hybrid technology, the E-Platform 3.0, the CTB and ITAC technologies, the intelligent body control system DISUS, the Xuanji architecture and the Super e-platform. The company is the world’s first automobile manufacturer that has set the production of vehicles with an incinerator engine to switch to electric vehicles and has been a leader in the sale of new energy cars in China for 12 years.
About BYD Europe
BYD Europe has its headquarters in the Netherlands and is the first BYD Group’s first branch. The company has set itself the goal of further developing the international brand BYD Auto in order to offer secure and efficient sustainable solutions in the field of new energy vehicles through worldwide leading technological innovations.
You can find more information at www.byd.com.
Via CCI Car Austria GmbH / BYD Austria:
In Austria, BYD currently offers eight car models (Dolphin Surf, Dolphin, Atto 2, Atto 3, Seal, Seal U eV, Sealion 7 & Tang), a plug-in hybrid (SEAL U DM-I) and the ETP3 electric vehicle. The BYD models are brought to Austria by CCI Car Austria GmbH, a subsidiary of the Denzel Group, which looks back on a long and successful history as a automobile manufacturer, general importer, wholesaler as well as multi -brand traders and financial service providers. With sales of over 1 billion euros, 1,300 employees and 33,000 vehicles sold per year, the Denzel Group is one of the 100 most important companies in Austria. Since the foundation by the internationally recognized and successful automotive pioneer Ing. Wolfgang Denzel in 1934, the company has grown continuously and has enjoyed a first -class reputation as an experienced, safe and competent partner for industry, dealer and customers. www.denzel.at or www.bydauto.at