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Hungary, Germany Among EU Member States Opposing Brussels’s Punitive Tarrifs on Chinese EVs

The European Commission is planning to impose unprecedentedly high punitive tariffs on all-electric cars imported from China. The plan has elicited strong objections from several member states, including Germany and Hungary….

Hungary Has Become the Most Attractive Investment Location in Eastern Europe

Hungary is the most attractive investment location in the Eastern Europe and Central Asia region according to Site Selection Magazine’s Global Best To Invest. In recent years, Hungary has experienced a significant surge in investment from Eastern countries, particularly China,…

BYD Brings Modern Electric Vehicles to Hungary: Prime Minister Orbán Tours Shenzhen Plant

Prime Minister Viktor Orbán held talks with Wang Chuanfu, the founder and chairman of the world’s largest electric vehicle manufacturer BYD in Shenzhen. BYD believes that the introduction of competitively priced, modern electric vehicles in Hungary will be a turning…

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