Schiller Auto will open its BYD brand dealership in the north of the capital in February.
BYD Europe managing director Michael Shu said Schiller Auto's experience and commitment to excellence dovetailed with BYD's values.
BYD started sales of its EVs in Hungary in October, at Duna Auto and Wallis Motor.
More retail partners will join BYD's network in the coming months, the carmaker said.
BYD noted that all three of its current models are eligible for a HUF 4 million subsidy in the framework of a state program to support EV purchases by businesses.
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