Rail passengers across the South Wales Metro can now access a new Pay As You Go system. Transport for Wales is the first train operator outside of London and the South East of England to introduce tap and catch paying system at 95 stations including all Valleys lines and on routes to Bridgend, Maesteg, the Vale of Glamorgan, Abergavenny and … [Read more...]
Newslines 8 July
BYD Auto plans to build a US$1bn electric vehicle assembly plant in Turkey to target the domestic and European markets and circumvent EU proposed tariffs which would have pushed up prices by nearly half. The Chinese car maker has already announced a factory it will build in Hungary as it pushes expansion outside its home country and both investments will … [Read more...]
Newslines 2 January
China's biggest electric car maker in the world, BYD, announced the next stage of its European strategy with the construction of a massive manufacturing and production centre in Szeged, Hungary. The state-of-the-art facility will be the first of its kind built by a Chinese automotive company in Europe and will have a highly advanced car production line as … [Read more...]
Car-parts maker to close in Port Talbot
More than 120 jobs will go with the closure of Hi-Lex Cable System's Port Talbot car components' plant. The Japanese owned company announced today that a downturn in orders will lead to a restructuring of its operations in Europe and manufacturing will be transferred to Hungary, where it's closer to many customers, by 2021. It makes door and window parts … [Read more...]