China’s clean car manufacturers find a European foothold in Hungary
Years of under-investment in electric vehicle technologies and supply chains have left European carmakers struggling to keep up with their Chinese competitors. But even as the EU debates putting up trade barriers against electric vehicles imported from China, Chinese automakers are investing hundreds of millions in setting up their very own European factories in Viktor Orban’s Hungary.
Years of under-investment in electric vehicle technologies and supply chains have left European carmakers struggling to keep up with their Chinese competitors. But even as the EU debates putting up trade barriers against electric vehicles imported from China, Chinese automakers are investing hundreds of millions in setting up their very own European factories in Viktor Orban’s Hungary.
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