Hungary Market Presentations Production 
Green Car Congress
OCTOBER 24, 2022
the Japan-based parent company of the specialty chemicals manufacturer Toyo Ink Group, announced the official opening of a new wholly-owned manufacturing subsidiary, Toyo Ink Hungary LLC, in Ujhartyan in Pest County, Hungary. Mass production at the Ujhartyan Factory, which employs 30 people, started in July 2022.
Green Car Congress
MAY 19, 2023
BBA) joint venture, Milan Nedeljković, member of the Board of Management of BMW AG responsible for Production, announced local production of the NEUE KLASSE in China. Following the market launch in 2025, models of the next vehicle generation will also be produced from 2026 onwards by BBA in Shenyang.
Green Car Congress
OCTOBER 10, 2022
China-based smart electric vehicle company NIO unveiled details of its products and services for Germany, the Netherlands, Denmark, and Sweden at a European launch event in Berlin. This expansion follows NIO’s entry into the Norwegian market last year. NIO is committed to a comprehensive battery charging system in the new markets.
Baua Electric
MARCH 12, 2024
China’s BYD will challenge automakers in Europe with plans to triple its share in the EV market by 2025. After dominating its home market, BYD is expanding its brand overseas. BYD plans to expand EV market share in Europe BYD began selling vehicles in Europe in 2021, starting in Norway. share of Europe’s EV market.
Green Car Congress
JUNE 6, 2018
Mercedes-Benz Cars is starting construction of its first “Full-Flex Plant“ in Kecskemét, Hungary, about 90 km in the south of Budapest. With an investment of one billion euros, we are building in Hungary the first ‘Full-Flex Plant’ in the global production network of Mercedes-Benz Cars.
Green Car Congress
OCTOBER 19, 2021
Volkswagen’s workhorse engine family—the four-cylinder EA888—is applied in much of the product portfolio—as well as that of many of the company’s subsidiary brands—in varying displacements and specifications. Built in Gyor, Hungary, these turbocharged and direct-injected EA888 Evo4 variants displace 2.0
Baua Electric
APRIL 20, 2024
A bouquet of Kanwar Tulips was presented last week to Apollo Tyres chairman Onkar Kanwar and vice- chairman and managing director Neeraj Kanwar during their visit to Amsterdam. Building momentum over the first few years of operation, the company diversified into the production of car tyres in 1912.
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