Hungary: A pioneer in E-Mobility
E-mobility is the future of motoring and is developing rapidly. In Europe, the number of companies dealing with electrification is constantly increasing, demonstrating the need for a change in how…
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Drone Racing World Cup Hungary- 2022 September 17th-18th at ZalaZONE
The 2022 Drone Racing World Cup Hungary, the first Hungarian FPV (first person view) World Cup, will be held between 16-18 September 2022. The venue is the ZalaZONE university test…
CATL’s New Battery Plant To Become Hungary’s Largest Greenfield FDI Project Ever
Leading market player Contemporary Amperex Technology Co., Limited (CATL) will invest EUR 7.34 billion to build a 100 GWh battery plant in Debrecen, Hungary. The investment that is to create…
Hydrogen-powered trains coming to Hungary
Dávid Vitézy, Minister of State for Transport at the Ministry of Technology and Industry, announced on his social networking site that MÁV, Magyar railway company owned by the Hungarian state,…
Chinese NIO to build its first European plant near Budapest
Chinese automotive industry company NIO announced plans to build a 5.5 billion forint (EUR 13.61m) battery swap station plant in Biatorbágy, on the outskirts of Budapest, on Friday. Péter Szijjártó,…
Airbus helicopter parts plant inaugurated
European aircraft maker Airbus inaugurated a 2.2-billion-forint (EUR 5.4m) helicopter parts plant in Gyula, in south-eastern Hungary, on Thursday. Construction of the plant began in December 2020. The 13,000sqm plant…
