Stellantis announced it would invest €103 million to increase production capacity of electric drive modules (EDMs) at its Szentgotthard plant, Hungary. The new capacity is expected...

BYD is to become the first Chinese car manufacturer to establish a production facility for new energy vehicles (NEVs) in Europe. The automaker has recently signed a preliminary lan...

The European Commission has approved a €1.1 billion worth Hungarian scheme to support the installation of at least 800 MW/ 1600 MWh of energy storage facilities to foster the ...

Chinese battery maker CATL has just signed a land pre-purchase agreement with the Hungarian city of Debrecen, thereby officially confirming the proposed battery manufacturing facil...