BYD plans a new European plant in Hungary to expand its market share and challenge Toyota's presence.

The entities involved

• Europe →

  terrestrial continent located in north-western Eurasia

  • China Tang opened in Mayfair, London, under David Tang, and Henry Lam joined the establishment.07:27
  • US, led by Donald Trump, signed a Just Energy Transition Partnership with South Africa and Europe following the US withdrawal from a climate agreement.07:11
• Toyota →

  Japanese multinational automotive manufacturer

  • Chinese vehicle sales rapidly overtook Japan's share in Australia, while new models are being produced in Thailand and China.03:47
  • A Toyota vehicle was found in Port Harcourt as part of a fraud investigation, with a DSS witness testifying in Abuja and Michael Okafor listed as a defendant.Wed 23:27
• Hungary →

  country in Central Europe

  • The European Commission views Montenegro's EU accession as realistic, while Hungary and the EC address security concerns in Bulgaria.02:00
  • DJ Próvaí was banned by the government for anti-semitic comments, while Jazzy performed at the Sziget festival in Hungary.Wed 23:06

Related events

• The European Parliament called on the European Commission to evaluate a security threat related to BYD's operations in Hungary.Tue 06:46