Today's KNOWLEDGE Share : 𝗛𝘂𝗻𝗴𝗮𝗿𝘆 𝗯𝗲𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝗻𝗲𝘄 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗵𝘂𝗯
Today's KNOWLEDGE Share
𝗪𝗵𝘆 𝗵𝗮𝘀 𝗛𝘂𝗻𝗴𝗮𝗿𝘆 𝗯𝗲𝗰𝗼𝗺𝗲 𝘁𝗵𝗲 𝗻𝗲𝘄 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗵𝘂𝗯?
🇭🇺 With a focused strategy of tax incentives, dedicated infrastructure, and specialized training,the #automotive sector now accounts for 𝗼𝘃𝗲𝗿 𝟮𝟬% 𝗼𝗳 𝗛𝘂𝗻𝗴𝗮𝗿𝘆’𝘀 𝗚𝗗𝗣, 𝗿𝗲𝗰𝗼𝗿𝗱𝗶𝗻𝗴 𝗮𝗻 𝗮𝗻𝗻𝘂𝗮𝗹 𝗴𝗿𝗼𝘄𝘁𝗵 𝗼𝗳 +𝟭𝟬.𝟱% 𝗶𝗻 𝟮𝟬𝟮𝟯.
🔋 𝗚𝗶𝗴𝗮𝗳𝗮𝗰𝘁𝗼𝗿𝗶𝗲𝘀 𝗮𝗻𝗱 𝗠𝗮𝗷𝗼𝗿 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲𝗿𝘀
#CATL: This Chinese giant is building a €7.3 billion facility in Debrecen.
• SK Innovation and Samsung SDI: Already operational, producing battery cells and modules.
• #EvePower & Sunwoda Mobility Energy Technology: Making large-scale investments to strengthen the Hungarian electric vehicle supply chain.
🏎️ 𝗦𝗼𝗺𝗲 𝗯𝗿𝗮𝗻𝗱𝘀 𝘁𝗵𝗮𝘁 𝗵𝗮𝘃𝗲 𝗰𝗵𝗼𝘀𝗲𝗻 𝗛𝘂𝗻𝗴𝗮𝗿𝘆
• AUDI AG: Historic plant in hashtag
#Győr, producing engines and vehicles, bringing vital know-how and expertise.
• Mercedes-Benz AG: A facility that paved the way for other big players.
• Stellantis: Announced plans to produce electric modules at the Szentgotthard plant (with over €100 million in investment).
• BYD: Since 2016, it has been producing electric buses and components in Hungary (Komárom plant), establishing a presence at the heart of Europe.
• BMW Group: Investing over €1 billion in Debrecen for a brand-new high-tech plant (production set to start in 2025).
#automotive #Hungary
credits:Niki Donadio
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