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Another Chinese Automotive Firm to Appear in Hungary

Nov 18, 2023

Chinese-owned Evoring Ltd., a Shuanghuan Driveline company, invests EUR 104.4 million to set up a new plant in Jászfényszaru, E Hungary. The facility now broke ground where gears and shafts for EVs will be produced. The investment, some 18% of which is paid for Hungarian taxpayers, promises to create 450 jobs. Shuanghuan Driveline manufactures gears […]

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