The projected site at Debrecen will supply battery cells to other Mercedes-Benz battery manufactories in Germany and Hungary, supporting the group’s plans to transition to pure electric vehicle production.

BYD Europe, the subsidiary of BYD Auto Co, has received an order for 48 units of its 12-metre low-entry e-bus from Hungary’s largest public transport operator, Volánbusz Zrt.

Credobus has relaunched its articulated bus range with the offering of the Econell 18 Next at the 51st Bus and Coach Expert Consultation in Budapest.

Shenzhen-based BYD Inc. has announced it is now offering electric trucks to customers in Hungary.

Use of a breakthrough proprietary MagnaForce® alloy technology, Alcoa Wheels, a subsidiary of Howmet Aerospace Inc, based in Pittsburgh, Pennsylvania, USA has announced the European roll out of its strongest 22.5x8.25 heavy-duty bus, truck, and trailer wheels in the Ultra ONE range yet.

Tyre maker, Hankook Tire, has appointed Hyung Yun Kim as the new managing director of its European factory in Hungary

An investment of USD30m is being spent on a new wheel manufacturing plant in Hungary to build Alcoa-branded Ultra One wheels by Howmet Aerospace Inc, the parent company of the aluminium wheel manufacturer.

Allison Transmission Inc has celebrated assembly of its 250,000th fully automatic transmission at its factory at Szentgotthárd.

EV battery developer, SK Innovation plans to invest around USD859m in battery technology and production in Hungary.

The first deliveries of electric buses to local customers have been completed by BYD production facilities in France and Hungary.