GUANGZHOU, China, May 21, 2025 /PRNewswire/ -- A report from GDToday:
Hungary has rapidly emerged as a favored destination for Chinese electric vehicle makers, with Shenzhen-based BYD recently announcing its decision to establish its European business headquarters and a new research and development center in Budapest.
Other major Chinese EV and battery giants, including NIO and CATL, have either broken ground or expanded their operations in Hungary.
Chinese investments have become an "indispensable engine" of Hungary's economic growth, Hungarian Prime Minister Viktor Orban said on Thursday.
Why is the Central Eastern European country proactively welcoming Chinese investments? And why are Chinese EV giants all eyeing Hungary as a major part of their global strategy? In this episode of China Xplained, we'll travel to Budapest to find out the answers.
Video - https://mma.prnewswire.com/media/2693004/video.mp4
source: GDToday
獨家優惠【etnet x 環球海產】用戶專享全場95折，特價貨品更可折上折。立即使用優惠代碼【ETN1WWS】，選購五星級酒店級海鮮► 立即瀏覽
