Chinese electric vehicle company BYD Co., Ltd. reportedly plans to build its first European car factory in Hungary. The decision was made internally, according to Reuters, citing a news report by German newspaper Frankfurter Allgemeine Sonntagszeitung. Last month, the Shenzhen government's website reported that, during his visit to the company, Hungarian Prime Minister Viktor Orban held a meeting with Wang Chuanfu, the chairman and president of BYD, at the firm's headquarters in the city, the report said. BYD told Reuters that it was still looking for the right location in Hungary and would make an announcement at the end of the year. . . #hungary #byd #evs