So while EU is preparing to enact tariffs on cars manufactured in China one of the Chinese companies, the BYD Auto, opens a factory on the Hungary. They'll employ ~10K people with €1800-2000 average salary which is a pretty good number hereabout. They're gonna produce electric and hybrid cars. BYD has an electric bus assembly plant in the country already.
I heard gossips about opening new factory(ies) for a while now, but this is the first actual news with concrete facts.
This has the obvious advantage of the cars being manufactured within the EU so no tariffs on them. Probably can't manufacture as much as China does at home, but it's just a first plant, perhaps they'll open more in other EU countries. Northern Hungary, Czechia, Poland, Croatia, Romania, perhaps even the Baltics would welcome them I'm sure if they see benefits from this example here.
https://index.hu/gazdasag/2024/12/29/kina-byd-szeged-kecskemet-fizetes-nyelvtanulas/

On a related note, how much more Chinese surveillance will find their way into our country?