11 hours ago
BYD names voestalpine as steel supplier for its Hungarian auto plant
BEIJING, June 25 (Reuters) - Chinese automaker BYD ( opens new tab said it signed an agreement with Austrian steelmaker voestalpine ( opens new tab on Tuesday, selecting it as the steel supplier for BYD's passenger vehicle plant in Hungary.
The cooperation marks an important step in BYD's localisation strategy, the company said in its statement posted on its social media account on Wednesday.
