On May 9, the Hungarian Investment Promotion Agency (HIPA) announced that CSABAcast Kft., one of Hungary’s top light metal foundries, inaugurated a new production facility in Apc, Hungary.
The project, supported by HIPA, involved a EUR 30.9 million investment in the facility which includes a new 6,000 square-meter p

On May 7, Apollo Vredestein announced that the Volkswagen Group had selected the Vredestein Wintrac Pro high-performance winter tire as original equipment (OE) for its Tiguan SUV in Europe. It is produced at Apollo Tyres’ Gyöngyöshalász plant in Hungary.
Apollo Tyres Ltd will supply this tire in size 215/65 R17 99H s

On April 11, BKV started testing the brand-new electric buses of the leading Hungarian bus manufacturer Kravtex-Kühne Group, including the first-ever Hungarian articulated e-bus. The Credobus Electronell models, manufactured in Mosonmagyaróvár and Győr and developed in Hungary, are the lightest and most efficient ste

Hankook Tire & Technology Co., Ltd. announced that it is providing Ventus evo SUV tires for the new CUPRA Terramar. It is available for the sporty SUV in three different sizes from 18 to 20 inches. The tires will be produced in Rácalmás, Hungary. 
Hankook’s Ventus evo SUV focuses on sporty handling and low noise, ach

On March 27, BMW announced that its new plant in Debrecen, Hungary, is nearing completion as assembly ramps up, bringing the facility to life. This stage is crucial, as it involves the most employees and marks a major milestone.
In assembly, parts, and systems are installed into the painted body, resulting in a fully

On March 7, the Hungarian Investment Promotion Agency (HIPA) announced that KunlunChem, a China-based developer and manufacturer of lithium-ion battery electrolytes, will establish a low-energy factory in Szolnok, Hungary, marking its first European base.
The project, with an investment of EUR 101.6 million guided b

The Hungarian Investment Promotion Agency (HIPA) announced that Alpine will invest nearly EUR 55 million at its Biatorbágy site, creating 100 new jobs.
The company’s presence in Hungary has been growing steadily since 1998. This additional investment will increase the site’s capacity for manufacturing high-tech autom

Hankook Tire & Technology Co., Ltd. (Hankook Tire) has started the construction of a new production line for truck and bus tires at its plant in Rácalmás, Hungary. It is expected to be completed by 2027 and will create 450 new jobs, with a total investment of around EUR 540 million.
With an annual capacity of up to 8

On February 14, Boysen Group announced that the production plants for battery housings for electric vehicles in Nagold (Germany) and Nyíregyháza (Hungary) have been completed and will start ramping up battery housing production for its customers Mercedes-AMG and BMW this year. It has won a business to manufacture hot

On February 12, the Minister of Foreign Affairs and Trade, Hungary revealed that series production at BMW's Debrecen factory will commence this fall after meeting with BMW executives.
According to the minister’s statement, all required buildings have been completed, and the machinery has already arrived at the plant.

On January 13, Hungarian Investment Promotion Agency (HIPA) announced that Xinzhi Group Co., Ltd, a key player in the automotive industry, will invest around EUR 134 million in Hatvan, Hungary, to produce stator and rotor components for new-energy vehicles (NEVs). The company has chosen INPARK Hatvan Industrial Park

On January 13, Dürr Systems AG announced that it will supply sustainable painting technology to BYD’s European car factory in Szeged, Hungary, for its “New Energy Vehicles” (NEVs).
For this project, Dürr will supply and install more than 120 painting and handling robots, fitted with EcoBell3 atomizers, for various p

SEMCORP Hungary Korlátolt Felelősségű Társaság (SEMCORP Hungary Kft.), a holding subsidiary of Yunnan Energy New Material Co., Ltd. (SEMCORP), signed a lithium battery separator material supply agreement with Ultium Cells LLC. Ultium Cells LLC will purchase lithium battery separators worth up to USD 66.25 million fro

On December 18, leading Hungarian bus manufacturer Kravtex-Kühne Group presented the Credobus Electronell 18. It is the first Hungarian articulated electric bus. The vehicle, manufactured in Mosonmagyaróvár and Győr, is the world's lightest steel-framed articulated e-bus. It will enter passenger traffic at the beginn

On December 17, aiMotive joined forces with Safran Electronics & Defense to advance the testing and validation of automated driving (AD) systems. It will integrate Safran’s GNSS (Global Navigation Satellite Systems) simulation technology with aiMotive’s simulation platform, aiSim.
Powered by the Skydel simulation eng

On December 16, the Hungarian Investment Promotion Agency (HIPA) announced that Feintool is investing EUR 34.1 million to expand its Tokod facility in Hungary’s Esztergom district. The project will add 6,740 square meters to the existing plant. The new production unit will start production by late 2025. It has been o

On December 12, aiMotive announced the successful integration of Sony’s IMX728 sensor model aimed at advancing ADAS and AD technologies in collaboration with Sony Semiconductor Solutions Corporation (Sony). The integration enables automakers and technology providers to validate and optimize ADAS and AD systems with u

Multiple media sources reported that Bosch inaugurated a new facility at its Maklári plant in northern Hungary on December 6, 2024.
The project is valued at HUF 46 billion (EUR 111.7 million) and supported by a HUF 10.5 billion (EUR 25.5 million) state grant.
The 37,000 sqm multifunctional building is part of a serie

On December 10, Hankook Tire & Technology (Hankook Tire) announced that it would equip the Volkswagen Tiguan with the new Ventus evo SUV tire. The tire is available in five different sizes from 18 to 20 inches, all of which are precisely matched to the respective model. 
Hankook engineers worked intensively during th

On December 4, Feintool Group announced that it is facing major challenges in its European business for electric motors, due to several factors: political uncertainty in relation to electromobility and the transition to renewable energies, as well as an economic downturn in the industrial business.
In response, it ha