On September 8, Hungarian Investment Promotion Agency (HIPA) announced that Flex, one of Hungary’s largest employers, is investing a EUR 4.68 million at its Zalaegerszeg plant. The U.S.–Singaporean company will start a vehicle electronics R&D project, creating 10 high-value jobs.
Flex’s Hungarian operations focus on

On September 8, BYD announced that the Dolphin Surf hatchback will be the first model to be manufactured in BYD’s upcoming production facility in Hungary. The factory in Szeged remains on track to be ready to start making cars by the end of 2025.
BYD also announced the public debut of its second Super Hybrid model, t

On September 8, Mercedes Benz unveiled the all-new electric GLC with EQ Technology at IAA Mobility 2025 in Munich. It will launch in the first half of 2026 as the first model in a new electric-first family. The SUV based on the MB.EA architecture features a bold new design, AI-powered MB.OS system, more space than th

On August 25, Audi unveiled the second-generation Audi Q3 Sportback SUV with coupé-style looks. Its roofline slopes 29 mm lower than the standard Q3, giving it a sportier and sleeker profile.
Inside, the vehicle offers up to 1,289 litres of storage space and has improved aerodynamics achieving a drag coefficient of 0

On August 25, Audi Hungaria announced the start of series production of the second-generation Audi Q3 Sportback in Győr plant, Hungary. The first vehicle to roll off the line was a sage green Q3 Sportback.
The Audi Q3 Sportback is an entry-level compact crossover that combines the key features of the Audi Q3 with the

On August 14, the European Commission approved a EUR 264 million Hungarian support package for Hungary Sunwoda Automotive Energy Technology Kft., a unit of Chinese battery maker Sunwoda Electric Co., Ltd., to build electric vehicle (EV) battery plant in Nyíregyháza, Hungary.
The aid, provided as a cash grant and tax

On August 12, EnSilica announced that it is establishing a new design centre in Budapest, Hungary. The expansion will bring the Group’s global headcount to around 210 employees.
The centre will focus on developing advanced mixed-signal designs for automotive and industrial applications, providing additional EU-based

On July 30, Socionext entered into a license agreement with aiMotive. This agreement grants Socionext access to aiMotive’s aiWare IP and development tools to support the development, including tape-out of next-generation custom SoCs (System-on-Chip) based on chiplet technology for automotive ADAS applications. Socion

On July 29, the Hungarian Investment Promotion Agency (HIPA)announced that Magyar Suzuki Zrt. has announced an investment of nearly EUR 24.5 million at its Esztergom plant, aimed at plant modernization, enhancing efficiency, fully utilizing existing capacity, adapting flexibly to future demands, and moving toward car

During its 2025 half-year results announcement, LISI Group revealed that its LISI AUTOMOTIVE division submitted a non-binding offer and signed a six-month exclusive agreement on April 19, 2025, to acquire the assets of a Hungarian company specializing in plastic assembly components.
This acquisition will enable the C

On July 23, the CEO of the Hungarian Investment Promotion Agency (HIPA) addressed and clarified recent rumours about BYD delaying mass production at its Hungarian plant, stating that these claims were based on inaccurate media reports.
The HIPA CEO highlighted that BYD has confirmed that its project is moving forward

On July 17, BMW announced that it is recycling waste 3D printing powder and used parts to produce new components using 3D printing. Waste that was once discarded is now turned into plastic filament, which is wound onto spools and used to print tools and support devices.
In addition to filament for the Fused Filament

On July 9, a memorandum of understanding (MoU) was signed to launch a joint Hungarian Chinese automotive and energy storage development and validation center near the ZalaZONE Automotive Proving Ground.
According to the agreement, a joint research and development, testing, and certification center for smart electric

On July 10, Audi Hungaria announced that it has started the production of the third-generation Q3 at its Győr plant, Hungary.
The third-generation Q3 offers upgrades in design and technology. The all-new Audi Q3 is also characterised by an efficient and partly electric combustion engine and a plug-in hybrid with an e

On July 9, BMW announced that it will ramp up the production of the high-voltage batteries for its Neue Klasse vehicles.
Before mass production, BMW tests and develops the batteries at its pilot plants in Parsdorf, Hallbergmoos, and at the Research and Innovation Centre (FIZ) in Munich.
BMW is setting up five battery

LG Chem Ltd. (LG Chem) announced it will postpone the acquisition of the shares in its joint venture in Hungary from June 30, 2025, to December 19, 2025. In June 2022, the South Korean company jointly set up LG Toray Hungary Battery Separator Kft. with Toray Industries, Inc. from Japan on a 50:50 basis. The JV produc

On July 2, BMW launched "Factory Genius," an AI-powered maintenance assistant that speeds up troubleshooting by suggesting solutions within seconds, cutting down diagnosis time.
Similar to a search engine, the tool scans internal data sources such as manuals, fault reports, and shift logs that are updated daily for q

On June 30, Mercedes Benz started producing electric drive units and axles for the new electric CLA at its Stuttgart-Untertürkheim plant. These parts are sent to the Rastatt plant, where the new CLA will be built. The Kuppenheim plant supplies body parts, while Kamenz plant provides the batteries.
A new agreement als

On June 27, the Hungarian Investment Promotion Agency (HIPA) announced that BYD will invest EUR 75.7 million to expand its electric bus factory in Komárom, Hungary.
Supported by HIPA, the project will add a 29,000-square-meter facility and include the establishment of an R&D testing laboratory. It will enable the pro

On June 24, voestalpine announced that it has been selected by BYD as the first supplier for its new plant in Hungary. Starting in autumn 2025, voestalpine will supply high-quality flat steel for car bodies and outer skin components to BYD in Szeged, Hungary, from its Linz plant. 
voestalpine has set new standards in