EU Targets for E-mobility Transition Are “Overly Ambitious” Róbert Krisztián, President of the Association of the Hungarian Automotive Industry (MAGE) and Deputy CEO of Magyar Suzuki Zrt., warned... 2024.11.20.
Completion Date of the First BYD Car to Be Produced in Hungary Revealed China's ambassador to Hungary, Gong Tao, visited Szeged (southern Hungary) last Thursday, where he was received by Mayor László Botka.... 2024.11.11.
Chinese Battery Factory CATL to Start Production in Debrecen Next Year Battery cell production is scheduled to start in 2025 at CATL's newly built factory in Debrecen (eastern Hungary), the announcement... 2024.11.07.
Economic Neutrality and Investments to Offset Dependence on German Economy According to calendar-adjusted data of the Hungarian Central Statistical Office (KSH), the volume of industrial production decreased by 5.4 percent... 2024.11.07.
From “Made in Hungary” to “Invented in Hungary”: Vision for Battery Innovation The government's goal is for Hungary to become a European research and development (R&D) center for battery technology by 2030... 2024.11.07.
German Economic Decline Deeply Impacts Hungarian Manufacturing The Hungarian manufacturing industry is facing one of its toughest years, struggling with technological transitions and Europe's exclusion from world... 2024.11.06.
A Visit to BYD Headquarters: Foretaste of the Chinese Giant’s Future in Szeged BYD, the world's leading manufacturer of new energy vehicles, announced in 2023 that it would build its first European car... 2024.11.05.
China Repositions EU EV Investments, Hungary Emerges as Key Beneficiary China has called on its major car manufacturers to halt further investments in Europe. No Hungarian project is in danger,... 2024.10.31.
EU Punitive Tariffs on Chinese EVs a Threat to Competitiveness, Minister Warns The European Commission has dealt a new blow to the competitiveness of the continent with the imposition of punitive tariffs... 2024.10.31.
BYD’s Szeged Plant Takes Shape: Drone Footage Reveals Progress In just a few weeks, the BYD factory in Szeged (southern Hungary), which is expected to be in production in... 2024.10.30.
Two Millionth Mercedes Rolls off the Production Line in Kecskemét The Mercedes-Benz factory in Kecskemét (central Hungary) has reached a milestone, as the two millionth car was completed in October:... 2024.10.25.
Chinese Automobile Giant BYD Shows off New Models in Hungary Chinese car manufacturer BYD, which is building a plant in Szeged (southern Hungary), presented two of its new models, now... 2024.10.22.
Cooperation between the University of Debrecen and CATL for Skilled Workforce A cooperation agreement between the University of Debrecen and the Hungarian subsidiary of Contemporary Amperex Technology Co. Ltd. (CATL) aims... 2024.10.16.
Minister Calls BYD Plant an “Unprecedented Opportunity” for Domestic Suppliers The policy of economic neutrality has been put into practice in Hungary, where cooperation between German and Chinese companies is... 2024.10.16.
German Economic Decline Impacts Hungarian Suppliers Germany’s economy is facing significant challenges, with recent reports indicating a decline in factory orders that suggests a continuation of... 2024.10.08.
Hungary to Vote against EU Punitive Tariffs on Chinese Cars The EU's proposal on punitive tariffs on Chinese electric cars is harmful and dangerous, and Hungary will therefore vote strongly... 2024.10.03.
BYD Szeged: Focus on Local Workforce and Cooperation The Chinese BYD will create thousands of jobs with its investment in Szeged, southern Hungary, and will focus on local... 2024.09.30.
Series Production of the Cupra Terramar Starts at Audi’s Győr Plant Series production of the Terramar model of the Spanish Cupra brand started at Audi Hungaria's Győr plant (northwestern Hungary) on... 2024.09.23.
Shares of Two Hungarian Companies Listed in the Regional Index of Vienna Stock Exchange The Vienna Stock Exchange has decided to include Hungarian AutoWallis shares in the CECE index of Central and Eastern European... 2024.09.19.
Hungary at the Forefront of Promoting Electromobility in the EU The European Union's industrial strategy gives priority to the green and digital transformation of the automotive industry. On September 9,... 2024.09.12.
New Cupra Terramar Produced in Győr Unveiled The new Cupra Terramar, which will soon go into production at Audi Hungaria's Győr plant (northwestern Hungary), was unveiled in... 2024.09.05.
