Yadea, a leading Chinese two‑wheeler maker, has announced plans to set up a new electric‑scooter plant in Hungary.
The move follows a sharp rise in demand for battery‑powered scooters across Asia and South America, where Yadea already commands a sizeable market share.
By establishing a European production base, the company aims to sidestep import duties, shorten delivery times and tap into the continent’s growing micromobility market.
The Hungarian facility will enable Yadea to meet stricter EU safety and emissions standards while positioning it as a competitive alternative to established European brands.
Source: Financial Times Companies · Summarized by HeadlinesBriefing