Hungarian Conservative

‘If in the coming years, the world cannot transition to electric-based transportation, then all environmental goals, climate goals, and green objectives will remain naïve illusions,’ Péter Szijjártó explained at the groundbreaking ceremony of the new factory of the South Korean EcoPro company.

The government supports the planned development works of Hungaroring in Mogyoród, and according to preliminary plans, the 2026 Hungarian Grand Prix will be held in the completely renovated facility.

Péter Szijjártó pointed out that Hungary is already the world’s fourth-largest producer of electric batteries and that in the last thirteen months, batteries have been the country’s top export product.

Hungary’s green party, LMP vocally objects to the planned investments on environmental grounds. First, it started organising a local referendum in Debrecen on the matter. Although the party did get a green light to collect signatures for the plebiscite, it never actually began working on implementing its initiative.

‘Every investment that started with the support of the Hungarian government will be completed, whether it is the construction of a kindergarten, nursery, school, university, community spaces, or the renovation of a church.’

Bosch has announced another massive investment in Hungary in order to focus more on developing new technologies toward electromobility.