Founded by Anton Piëch, son of ex VW chairman Ferdinand Piëch, the Switzerland-based company is preparing to raise funds to launch an electric two-seater sports car equipped with batteries that charge to 80% capacity in under 5 minutes.
Electric vehicles sales are picking up and the hunger for this green transportation is real.
Hankook Tire began construction of its first (and only) tire making plant in Europe in the village of Rácalmás, near Dunaújváros, 75 km south of Budapest.
The Budapest Business Journal speaks with the Hungarian Investment Promotion Agency (HIPA) about the rise of South Korea.
Organizing this year’s China International Import Expo (CIIE) is of particular significance against the backdrop of the COVID-19 pandemic.
The pandemic didn’t kill traditional car buying, but it made clear dealers should get ready for a new way of selling
At a time when you can buy almost anything online with a click, purchasing a car remains defiantly old-school.
Just ahead of the October 3 National Day of the Federal Republic of Germany (also this year the 30th anniversary of the reunification of East and West Germany) newly arrived Ambassador Johannes Haindl gives his first interview to the Budapest Business Journal on the state of bilateral relations.
AmCham Hungary’s Virtual Business Forum with State Secretary László György of the Ministry of Innovation of Technology featured an assessment of the current state of the economy, the government’s response to the first wave of the pandemic and how innovation policy was affected by the COVID crisis.
General Motors announced Friday it is turning its Detroit-Hamtramck Assembly Center into Factory ZERO.
Much to the surprise of many, an international credit rating agency has improved Hungary’s outlook in the middle of the coronavirus crisis.