Cheap Hungary Industry 
Green Car Congress
JUNE 13, 2021
This acceleration in new capacity collectively totals 560 kt—equivalent to a 67% increase in the nameplate industry capacity that existed at the end of 2020 (830kt). From January to May 2021, more than a dozen new projects and expansions have been reported globally, Roskill said.
Cars That Think
FEBRUARY 28, 2022
The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture. Even then, there are several industrial sectors as well as aviation and shipping that won’t be electrified in the near future.
Baua Electric
OCTOBER 30, 2024
It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Subsidized solar panels have also wiped out European solar producers , and European governments are hoping the auto industry can avoid the same fate.
Baua Electric
JANUARY 22, 2024
But now China has said it will “rein in” some of its huge EV expansive in response to criticism of “unfair” industrial and trade policies. There are also some disorderly competition behaviors,” Xin Guobin, vice-minister of industry and information technology, told the Financial Times. What that means is anyone’s guess.
Baua Electric
DECEMBER 5, 2024
on Chinese EVs are designed to protect its struggling auto industry from Chinese competition, with Chinese automakers flooding the bloc with cheap imports. BYD is also considering manufacturing both EVs and hybrids at its new plant in Hungary. The European Union’s latest EV tariffs of up to 45.3%
Tony Karrer Delicious EVdriven
APRIL 16, 2009
tech industry during the 1990s. They think BYD has a shot at becoming the worlds largest automaker, primarily by selling electric cars, as well as a leader in the fast-growing solar power industry. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania.
EV Sales
MARCH 22, 2021
8TH PLACE: SOUTH KOREA, 51 POINTS (6TH IN 2019) Claim to fame: Korean EV makers (basically, the Hyundai-Kia conglomerate) continued their advance, nearing 200k made in 2020, while Korean battery makers cemented their global dominance with twin giants LG Chem and Samsung launching factories in Hungary, and more being built elsewhere.
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