Chinese carmaker eyes Slovakia

In a new development for the booming Slovak automotive industry, the Chinese carmaker BYD is looking to develop electronic cars in Slovakia to be later produced in China.

“This carmaker is negotiating with a Bratislava-based company which would develop electric cars for them,” Marián Farkaš, head of the Chinese Chamber of Commerce in Slovakia (Sinaco) told the Hospodárske Noviny (HN) daily. He added that Slovaks are clear favourites for BYD, with no other companies being addressed for now.

In case the Chinese automotive producer agrees with the Slovak company, dozens of new jobs in development will be created and hundreds of thousands of euros invested, HN wrote on January 16. BYD already produces re-chargeable accumulators. Its existing electric vehicles have started to appear in Europe.

(Source: Hospodárske Noviny)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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