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LG and Magna Builds First Joint European Factory in Miskolc

Dec 5, 2023

The joint venture between LG of South Korea and Magna of Canada is building its first European factory in Miskolc., MTI reports. The HUF 20 billion investment - over 30% of which is covered by Hungarian taxpayers in the form of non-refundable state subsidy - is expected to create more than 200 new jobs in […]

Ultra-Fast Charging Stations by OMV Petrom in Hungary

Jul 27, 2023

OMV Petrom, the largest integrated energy company in South-East Europe, has announced a project that will connect the region with a network of ultra-fast charging stations for electric cars along the Trans-European Transport Network (TEN-T), the company said in a statement. The project, which has received approval for a European funding contract with the European […]

Most Car Buyers Already Want Electric

Jul 19, 2023

All those who plan to buy a car in the next two years in Hungary would like to purchase an electric or hybrid vehicle. The majority of buyers are planning to choose a hybrid or fully electric model for their next car, according to an EY international survey of more than 15,000 consumers. Nine out […]

Electric Buses Tested Again in Budapest

Jul 17, 2023

Electric buses are being tested in Budapest once again: passengers can meet a solo vehicle on the e105 and e210 lines until August 3, and an articulated vehicle on the e8E line between July 21 and 29, the Budapest Transport Center (BKK) told MTI on Monday. According to the statement, these services will run as […]

Aldi Introduces Second Electric Truck in Hungary

Jul 14, 2023

Aldi Hungary has launched its second electric truck, which will serve stores in downtown Budapest with zero local emissions, the discount supermarket chain informed MTI on Friday. The statement highlighted that they have expanded their fleet with a Scania three-axle, 27-ton special refrigerated box truck. The new truck is powered not only by batteries, but […]

E.ON to Install Ultra-Fast Car Chargers in Hungary

Jun 30, 2023

Within the framework of the international E.ON Group's ultra-fast charger installation program, the company has planned to install more than 1,000 ultra-fast charging points with a capacity of 150 kilowatts (kW) in nine European countries. Two of these charging stations were inaugurated in the parking lot of an Aldi supermarket in Székesfehérvár as the first […]

Another Battery Assembly Plant Brought to Hungary

Jun 28, 2023

Chinese electric car maker BYD is to invest HUF 10 billion to set up a battery assembly plant in Hungary, according to a statement by the Hungarian Ministry of Foreign Affairs and Trade. The company will further increase its presence in this country by building a plant in Fót, just NE of Budapest, to assemble […]

Dana Adds New Capacities in Győr

Jun 6, 2023

US-based Dana Incorporated has announced to launch two projects to expand its operation in Győr. The leading auto parts manufacturer adds new capacities worth some EUR 96 million to meet growing demand for EVs. The investments, over 18% of which are covered by Hungarian taxpayers through a government decision, will create nearly 300 jobs for […]

e-Mobility Show Budapest Starts on Friday

May 4, 2023

The e-Mobility Show Budapest, where electrically powered transport devices and the infrastructure serving them will be presented, starts this Friday, the organizers of the event announced. Electric cars, motorbikes, scooters, bicycles, scooters and boats are showcased at the electromobility exhibition in the BOK hall in the Hungarian capital between May 5 and 7. Visitors can […]

Electric Vehicle Charging Market About to Take a Leap

Mar 10, 2023

The electric vehicle charging market in Hungary is also looking promising, but the really spectacular development will only start afterwards, the international consultancy firm KPMG has warned, based on a study of its own. According to the summary sent to MTI, there is a huge business opportunity in electric vehicle charging worldwide due to the […]

More Hungarian Drivers Prefer Electric/Hybrid Vehicles

Feb 24, 2023

18% of Hungarian motorists would like to buy an electric or hybrid vehicle within one or two years, compared to 16% last year, according to a representative survey conducted by Generali Insurance in January, the results of which were published by the company this Thursday. According to the statement, those who do not intend to […]

Number of Electric Cars Steadily Increasing in Hungary

Dec 13, 2022

According to the Future Mobility Association, 0.79% of the total car fleet was pure electric at the end of October 2022, compared to 0.47% in 2021 and 0.29% in October 2020. A statement by the association says that 32,596 electric cars were in operation in the country in October this year, while the number of […]

Mobility is Electric for ŠKODA

Sándor Laczkó
Dec 6, 2022

Most people in the eastern half of Europe have fond memories of ŠKODA's iconic models – the ŠKODA 100s and 120s –, while the newer models FABIA and OCTAVIA have been family cars for generations. The Czech brand has undergone a huge transformation in recent years, not only by becoming one of the leaders in […]

Transport Modes: Greater Interoperability Needed

Nov 1, 2022

Every situation in life has its ideal means of transport, so – as the Future Mobility Alliance says – people should always consider whether, for example, a car, a bicycle, walking or a train is the best option. According to the association, it also wants people to accept that it is not cars, public transport […]

Subsidy for Electric Bicycles

Jan 4, 2021

A second round of call to receive support for the purchase of electric bicycles has started this Monday and lasts till Friday, January 8. The winners of the first stage receive a total of nearly HUF 110 million to purchase more than a thousand such vehicles. The Ministry of Innovation and Technology (ITM) announced a […]

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