Foreign Minister: Will This Year End in War or Peace? Over the decades, Hungary and its surroundings have developed an infrastructure that makes it physically impossible to supply Hungary with... 2023.02.01.
Hungary Attracts Record Investments This Year The record for investment in Hungary was broken again this year, with investments worth 6.5 billion euros (2,600 billion forints),... 2022.12.29.
Investment Breaks Record in Hungary This Year The investment record in Hungary has been broken again this year, with some 2,600 billion forints (6.3 billion euros) invested,... 2022.12.21.
Electric Vehicle Boom in Hungary Recognized Abroad Hungary is becoming a surprise hub for Europe’s new battery industry, but critics fear it could become too dependent on... 2022.12.01.
Hungary Takes the Lead in Electric Car Battery Production The foundation stone has been laid for the third largest investment in Hungary this year, with South Korea's W-Scope building... 2022.10.19.
Another Multi-million Euro Chinese Investment in Hungary The Chinese-owned Halms Hungary Kft. is investing more than 40 million euros to set up an electric car parts production... 2022.09.07.
EUR 7.4 BN Battery Plant to be Built in Debrecen The city of Debrecen will become the host to the largest industrial investment in Hungarian history The largest investment... 2022.08.12.
Index Op-Ed: The Sword of Damocles Hangs over Combustion Engines in the EU The European Union's objective is to become carbon neutral by 2050 to curb the negative effects of climate change. This... 2022.07.19.
Fully Electric Vehicle Ownership in Hungary up 50% The number of fully electric vehicles in Hungary grew by 50 percent in January-October, to 18,800, the Future Mobility Association... 2021.12.31.
Production Starts of First Electric Car Manufactured in Hungary Hungarian car manufacturing has arrived at a new milestone with the mass production of the first fully electric cars manufactured... 2021.10.22.
Govt Calls New HUF 3 bn Tender for Electric Car Subsidies The government has called a new 3 billion forint (EUR 8.6m) tender for subsidies for the purchase of electric vehicles... 2021.06.14.
Government to Promote Electric Car Purchases Hungary's government is once again inviting tenders for grants to promote electric car purchases by private individuals and companies, a... 2021.05.09.
Sangsin to Expand Hungary Base The Hungarian unit of Korea's Sangsin will invest 10.5 billion forints (EUR 29.2m) to expand its base in Jászberény, east... 2021.01.07.
Number of Green Cars Doubled Since 2019 in Hungary The number of green cars has doubled from 10,000 to 20,000 since 2019 according to a recently published chart, reports... 2020.09.10.
Gov’t Expands Electric Car Subsidy Scheme After Successful First Scheme Given the success of the 5 billion forints (EUR 14m) subsidy scheme for electric vehicle purchases, the government has decided... 2020.09.07.
Bumchun Precision to Build EUR 40 Million Plant in Hungary South-Korea-based Bumchun Precision said Wednesday it would build a 13.3 billion forint (EUR 40m) plant supplying parts for electric cars... 2019.07.24.
LMP Urges ‘Radical Measures’ to Promote Electric Cars The opposition LMP party has urged the government to take "radical measures" to promote electric car use in Hungary so... 2019.04.05.
Szijjártó: Jaguar to Set Up Next Development Centre in Budapest British car maker Jaguar will set up a new technical development centre in Budapest, Foreign Minister Péter Szijjártó told public... 2018.11.05.
Hungarian Company Plans €10 Billion Investment To Produce Electric Lorries Hungary's eTruck Motor wants to build almost 10 billion euros of production capacity for electric lorries around the country, Hungarian... 2017.08.22.
Economy Ministry To Install 250 New Charging Points For Electric Cars In Budapest Drivers of electric cars will soon have more options at their disposal for charging their vehicles in Budapest as the Hungarian... 2016.12.14.