Hungarian automotive industry: week 24 2022
Fotó: Audi Hungaria
Audi Hungaria executive hints on end of ICE production, South Korean supplier announces construction of new battery separator plant in Nyíregyháza, charging site for electric buses to be built in Békéscsaba. Let’s recap what last week brought in Hungary’s automotive sector. Clicking on the highlighted items will open the full stories.
While internal combustion engines still account for the vast majority of power units manufactured at the Audi Hungaria Győr plant, the company will likely conclude its full transition to electric motors by the end of the next decade, Zoltán Les, Audi Hungaria board of directors member responsible for vehicle manufacturing, said last week in a podcast.
South Korea-based W-Scope is set to carry out the largest investment of the year. The company has announced to build a new plant in Nyíregyháza for the production of separators for EV batteries with a HUF 290 billion investment.
Stellantis announced last week that it will leave the European Automobile Manufacturers' Association. It has said to establish a new platform for discussing the challenges in the industry.
The European head of development of Hyundai Motor Group has said more and more Genesis, Hyundai and Kia models will be designed and developed in Europe. This means the Korean manufacturer is planning to increase the emphasis on its regional presence.
Békéscsaba will build a charging site for electric buses with a HUF 1 billion investment. In addition, the town is planning to purchase several electric buses.
The Hungarian government has said that it will evaluate the introduction of the so-called “9-euro-ticket”, a discounted public transport pass that has apparently successfully urged a large number of residents in Germany to switch to public transportation.
According to new surveys, the majority of Germans reject the European Parliament’s recent ruling on the ban on internal combustion engines from 2035. German automotive companies also spoke against the decision that also bans synthetic fuels.
In May, Europe saw a 11 percent drop in new car sales compared to the same period in the year before. It has been the tenth consecutive month that showed a drop in new car registrations.
While in Europe sales are declining, Romania is on the rise with vehicle production volumes seeing a 13 percent growth in the first five months of the year.
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