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Thursday 29 February 2024
BYD's amphibious EV goes down swimmingly at Geneva International Motor Show
China's EV maker BYD debuted its amphibious EV at the Geneva International Motor Show.
Friday 2 February 2024
BYD secures land for Hungary plant, planning to bring Denza to Europe
China-based BYD took a step forward to localize its production in Europe. The automaker signed a preliminary land sales and purchase agreement with the municipality of Szeged, Hungary,...
Monday 25 December 2023
BYD confirms plan to build EV production base in Hungary
Chinese automotive giant BYD announced that it will construct an EV production plant in Hungary. As the company continues to experience overseas sales increase, the project is expected...
Tuesday 5 September 2023
LG Magna e-Powertrain to build first European production facility in Hungary
LG Magna e-Powertrain, a joint venture between LG Electronics and tier-1 automotive supplier Magna International, announced on September 4 that it will build a new production facility...
Thursday 11 May 2023
China-based Eve Energy will build battery plant in Hungary to support BMW
Another China-based battery company has expanded to Hungary. Eve Energy recently bought land in Debrecen to build its first European plant, slated to begin operation in 2026. The...
Thursday 20 April 2023
CATL targets this summer to start constructing Hungarian plant
Battery maker CATL revealed that it aims to begin building Europe's largest battery plant this summer. It said the Hungarian project will reach 100GWh in production capacity and support...
Monday 28 November 2022
BMW doubles investment to EUR$2 billion in Hungary EV plant
BMW AG is doubling its investment at its Hungarian factory to EUR2 billion ($2.1 billion), adding a high-voltage battery assembly facility that will create more than 500 jobs.
Thursday 13 October 2022
Keen battery capacity expansions in China spark worry about possible supply glut
China's top-3 power battery makers Contemporary Amperex Technology (CATL), Ganfeng Lithium Group and EVE Energy have been aggressively proceeding with capacity expansions, with their...
Monday 15 August 2022
CATL to invest EUR7.34 billion to build battery plant in Hungary
Proceeding with its goal of setting up a local battery value chain, the world-leading manufacturer CATL recently announced a plan to build a second battery plant in Europe. The facility...
Thursday 15 July 2021
Digital signature authentication: Q&A with Hungarian startup Birosign CEO Balazs Nagy
Although digital signature of remote documents is no longer a problem, how to distinguish the authenticity of signature documents and how to verify that the signature is made by the...
Friday 21 September 2018
Sinbon opens new plant in Hungary
Taiwan-based IPC component and solution provider Sinbon Electronics has unveiled its new plant in Tatabanya, Hungary that will be used primarily for the development and manufacturing...
Tuesday 24 April 2018
Desktop renewals in commercial space drive stabilization in the EMEA PC market, says IDC
The Europe, Middle East, and Africa (EMEA) traditional PC market (desktops, notebooks, and workstations) recorded slight growth in the first quarter of 2018, with the market growing...
Thursday 24 March 2011
Lite-On IT to close Hungary subsidiary
Taiwan-based optical disc drive (ODD) maker Lite-On IT's board of directors on March 24 decided to close APM Hungary, its wholly-owned subsidiary maker of automotive playback modules...
Thursday 4 November 2010
Lite-On IT expected to profit from in-car ODDs beginning 2011
Taiwan-based Lite-On IT is expected to begin to profit from ODM production of in-car optical disc drives (ODDs) for automobile manufacturers with projected earnings of NT$350 million...