Mercedes in Kecskemét Prepares for Future Models with One-Month Pause The Mercedes factory in Kecskemét (central Hungary) will pause production from December 18 to January 20 for its annual winter... 2024.12.13.
BYD Shifts Focus to Mid-Range Cars at Szeged Plant Chinese carmaker BYD has announced details about its long-anticipated factory in Szeged, southern Hungary, writes Világgazdaság based on the German... 2024.12.12.
Swiss Automotive Giant Feintool Relocates to Hungary, Leaving Germany Behind Swiss automotive multinational company Feintool has announced the closure of its plant in Baden-Württemberg, Germany, and the relocation of its... 2024.12.12.
Automotive Sector Poised for Major Expansion with Bosch Investment Hungary's economy is set for visible growth in 2025, with significant contributions from the automotive industry. This development is largely... 2024.12.09.
Construction of Debrecen BMW Group Plant in Full Swing The construction of BMW's new plant in Debrecen (eastern Hungary) is proceeding at full speed, and the plans are unchanged,... 2024.12.09.
Debrecen Becomes Key Hub for BMW’s Electric Future BMW’s expansion into Debrecen (eastern Hungary) marks a significant milestone in the company’s commitment to electrification and innovation. The company's... 2024.12.04.
Budapest Declaration Could Help Improve European Competitiveness Minister for National Economy Márton Nagy at the COMPET meeting in Brussels Real steps must be taken next year to... 2024.11.29.
First BMW Rolls Off the Production Line in Debrecen The first test production vehicles of the all-electric Neue Klasse X model have been assembled at the BMW Group's Debrecen... 2024.11.21.
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.