BYD appoints new leadership in Hungary to support regional growth

Chinese electric vehicle manufacturer BYD has introduced a new leadership structure in Hungary, appointing Jeremy Wang as regional country director and Rényi-Vámos Ádám as country director responsible for the company’s Hungarian operations, the company said in a statement Thursday.

BYD said the changes are intended to strengthen its growth in Hungary and the wider region while ensuring the long-term stability of its market presence.

Wang succeeds Jontey Lee, who had served as regional country director since the summer of 2024. Lee will continue his career within BYD’s international organization, taking on responsibilities related to the Saudi Arabian market.

Wang has served as regional country director at BYD Europe since April 2024 and is responsible for multiple markets, including Hungary, Israel, Greece, Cyprus, Croatia and Slovenia. Before that, he played a key role in preparing BYD’s investment in Hungary, working on government relations and institutional partnerships related to the company’s planned vehicle plant in Szeged.

Rényi-Vámos will oversee BYD Hungary’s retail and wholesale operations. An economist by training, he has more than 20 years of experience in the automotive industry. His previous roles include commercial director at KIA Hungary and country director and head of sales operations within Nissan’s Central European organization.

Founded in 2003, BYD Auto is the automotive subsidiary of multinational technology company BYD, focusing on the development of fully electric and plug-in hybrid vehicles as part of the global transition to greener transportation.

The company is investing several billion euros to build a car manufacturing plant in Szeged and has also announced plans to establish its European corporate and development center in Budapest with an investment valued at approximately 100 billion forints ($270 million).

Since entering the Hungarian market in 2023, BYD has gained about 4% share of the country’s new car market and sold more than 2,200 vehicles in Hungary in 2025, the company said.

Source: MTI (Hungarian News Agency)

Featured image by Szilvia Molnar / Szegedify