EU members agreed to tighten sustainability regulations for batteries, with an almost unanimous vote at the Council of the EU,…
"Romania, and Europe, have lost the battle with China in certain segments, such as battery production, but we are trying…
Hungarian Sinologist Tamas Matura argued in his recent report for CEPA that China wields little influence in Hungary, despite the…
As the EU accelerates its shift to electric vehicles by outlawing internal combustion engines by 2035, the auto industries in…
EU Commission Vice-President Maros Sefcovic laid out the bloc’s plans how to build capacity in critical raw materials for batteries…
The European Commission (EC) has greenlit Hungary extending EUR 24 million in state aid towards the expansion of a South…
As Germany opens a new chapter with an unprecedented three-party coalition led by Social Democrat Chancellor Olaf Scholz, the Central…
South Korea’s president and representatives of the Visegrad 4 (V4) group countries have pledged to boost their economic cooperation in…
South Korea's president, Moon Jae-in, begins a 9-day tour of Europe this week, ending with a meeting of the regional…
Volkswagen will decide on the location of a new battery cell plant in Central and Eastern Europe in the first…
Germany's VW is planning on building six battery factories in Europe by 2030, and one of those facilities is likely…
The government is currently discussing investments with 14 South Korean companies, Hungarian Foreign Minister Peter Szijjarto said after meeting his…
The Czech government and energy company ČEZ have signed a memorandum of support for the construction of a battery factory…
Reading Time: < 1 minute https://centraleuropeantimes.com/2021/07/hungarys-record-breaking-state-aid-to-battery-factory-approved/
Reading Time: 6 minutes In recent decades, being part of the global auto sector has been a smash success for…
The EU has big plans to scale up battery production in Europe to make the major switch from fossil fuels…