Key facts: BYD Expands Production Globally; Unveils Fast Charging Tech

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2026.01.21 08:03
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BYD (002594) will start production in Hungary, Turkey, and Indonesia, adding to its factories in Thailand and Brazil to expand globally and reduce tariff impacts.1BYD's Stella Li unveiled new flash-charging tech at the World Economic Forum, boosting charging efficiency by 30-40 times, enabling 500 miles of range in just 2-5 minutes.2HSBC Global Research sees BYD as a top pick among Chinese automakers, even with flat auto demand and electric vehicle growth slowing to about 15% by 2026.3