Hungary has announced a partnership with China to develop electric vehicle manufacturing capabilities, positioning itself as a central hub for EV production in Europe. The collaboration includes plans for new factories and technology transfers, aiming to meet the growing demand for electric cars across the continent. The move underscores Hungary's strategic efforts to attract foreign investment and advance its automotive industry.
LONDON DAILY ARCHIVE
Hungary Partners with China to Boost Electric Vehicle Production
Collaboration aims to establish Hungary as a key player in Europe's EV market
04 June 2025 · 08:52 UTC