Mercedes Electric Models Becoming Increasingly Popular in Hungary On Tuesday, Mercedes-Benz Hungária reported on the growth of electromobility, the increase in demand for luxury models, and the good... 2024.01.17.
BYD Strengthens Its Presence with the Opening of New Dealership in Budapest BYD has signed a strategic retail agreement with the Schiller Car Family (Schiller Autó Család). The Chinese car manufacturer is... 2024.01.12.
Car Market Performs Relatively Well despite a Downturn Although last year high interest rates and rising prices caused many people to postpone their vehicle purchases, the Hungarian car... 2024.01.04.
BYD Aims for 3.6M Annual Car-Sales with New Factory Opening in Szeged In December alone, nearly 200,000 all-electric cars were sold, with BYD selling over half a million vehicles between October and... 2024.01.03.
BYD, World’s Top Electric Car Manufacturer to Build European Factory in Szeged "China's BYD, the world's largest electric car manufacturer (by volume), is to build its first European factory in Szeged. This... 2023.12.22.
South Korean Hanon Systems Creates 250 New Jobs in Three Cities Hanon Systems, one of South Korea's largest automotive suppliers, will create 250 new jobs in Székesfehérvár (central Hungary), Pécs (southwestern... 2023.12.18.
Major U.S. Investment in E-mobility Creates Sixty New Jobs Hungary is one of the winners of the electric car transition and thus of the new European economic era, also... 2023.12.05.
Chinese Automotive Investment Worth HUF 39 Billion Arrives Zhejiang Shuanghuan Driveline, a Chinese automotive company, will create 450 new jobs in Jászfényszaru (central Hungary) as a result of... 2023.11.20.
Hungary Aims to Remain a Key Destination for Chinese Investors Minister of Economic Development Márton Nagy attended the 6th China International Import Expo in Shanghai. In his speech at the... 2023.11.07.
Chinese BYD May Set Up Its First European Car Plant in Hungary Market speculation appears to be confirmed that Chinese electric car maker BYD may indeed build its first European car plant... 2023.11.06.
Cutting-edge Technology Arrives at the Debrecen BMW Factory Hungary's example proves that economic cooperation between East and West is not only possible, but also legitimate due to the... 2023.10.31.
Chinese BYD Electric Cars Go on Sale in Hungary Chinese car manufacturer BYD is to start selling its pure electric vehicles in Hungary, the first in the Central and... 2023.10.18.
Recruitment for BMW Plant in Debrecen Already in Full Swing The construction of the BMW plant in Debrecen (eastern Hungary) is proceeding as planned. The number of people who can... 2023.10.09.
Samsung SDI Brings Unprecedented Electric Battery R&D Investment Samsung SDI has announced the largest ever research and development investment in Hungary with the financial support of the state,... 2023.09.08.
Korean-Canadian Joint Venture to Set Up Its First European Plant in Hungary The joint venture between South Korea's LG and Canada's Magna will set up its first joint European factory in Miskolc... 2023.09.04.
Electric Cars Are Becoming Increasingly Popular for Longer Journeys Although most people use their electric cars for local, home-school-work transport on weekdays, covering an average of 70-100 kilometers a... 2023.08.02.
Biggest Investment of the Year So Far Coming to Nyíregyháza Chinese company Sunwoda, one of the world's largest battery manufacturers, will build its first European plant in Nyíregyháza, eastern Hungary,... 2023.07.28.
Hungarian Electric Car Market Exceptionally Dynamic The European market for electric cars is growing fast, and in the Central European region, Hungary leads the way, according... 2023.07.12.
Chinese BYD’s Investment to Create 100 New Jobs in Fót Chinese electric car manufacturer BYD is investing HUF 10 billion to set up a battery assembly plant in Fót, creating... 2023.06.29.
New Chinese Investments Sustaining Economic Growth As two new Chinese corporate investments have been agreed on, the government's goal is still the same: to ensure that... 2023.06.28.
Hungary and Germany Can Save EU Electric Battery Industry The European Union is lagging behind, China is unrivaled, and the US is pushing ahead in the production of batteries... 2023.06.21.