Chinese Yadea eyes Europe as fuel prices surge; plans Hungary factory to bypass tariffs (xataka.com)

• Yadea sees 70% year-on-year international sales growth.
• Factory in Hungary to produce inside EU tariff walls.
• Vice president cites Iran conflict as opportunity for EV shift.

"Yadea, the world's largest electric scooter manufacturer, is accelerating its European expansion. With fuel prices rising due to the Iran conflict, international sales are up 70% year-on-year. The company is building a factory in Hungary to produce within the EU and avoid import tariffs. Despite the European market's preference for premium models, Yadea aims to leverage its scale and low-cost production to capture the growing demand for affordable electric two-wheelers."