The Industrial Accelerator Act is creating new challenges for BYD, Xpeng, and other Chinese automakers in the EU market. They do not have much time to respond.

29. March 2026

In 2025, BYD built its first European passenger car factory in Szeged, Hungary, which underlines its commitment to the European market.

In 2025, BYD built its first European passenger car plant in Szeged, Hungary. (IMAGO / NurPhoto)

Last updated: 29. March 2026