Chinese automaker BYD said it signed an agreement with Austrian steelmaker voestalpine on Tuesday, selecting it as the steel ...

Confirmed by BYD Executive Vice President Stella Li in Vienna, alongside voestalpine CEO Herbert Eibensteiner, the agreement ...

Under the agreement, voestalpine will supply steel sheets and plates to BYD's upcoming passenger vehicle plant in Szeged, Hungary, becoming one of the factory's first official suppliers.

BYD announces voestalpine as supplier to its first European car factory. Austrian company will produce sheet steel for BYD plant in Szeged, Hungary.

Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles. And now it’s coming for luxury sports cars.

BYD’s ultra-affordable Seagull was its top-selling EV last month, with over 55,000 units sold. With prices starting at under $10,000 in China, it’s the cheapest EV in BYD’s lineup.

According to Sun, BYD expects its first EVs with all-solid-state batteries to arrive in 2027. The first two years, between 2027 and 2029, will serve as a demonstration phase with limited production.

BYD's new Han and Tang L EVs, which will retail later this year for 270,000 to 360,000 Yuan (or US$37,300 to $49,800 respectively), will be the first to employ this battery tech technology.

Chinese car manufacturer BYD has announced that it has reached agreement with voestalpine, an Austrian steel and technology group, to supply its new passenger-car factory in Hungary. Confirmed by ...

Chinese electric vehicle giant BYD has already beaten out long-standing frontrunner Tesla in sales of electrified vehicles. And now it’s coming for luxury sports cars.