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Hungary’s focus on EV highlights huge ro...

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Hungary’s focus on EV highlights huge room for cooperation with China: expert

Hungarian Prime Minister Viktor Orban's remarks about the country's focus on electromobility as a cornerstone of its industry policy and about cooperation with Chinese electric vehicle (EV) firms highlighted the vast potential for future cooperation between China and Hungary, a Chinese expert said on Sunday. 


During his year-end international press conference on Saturday, Orban said that "for us, the defining issue of the next decade will be electromobility, and it's not just about mobility but about electro-specifically," the Xinhua News Agency reported. 


The Hungarian Prime Minister also mentioned a factory of Chinese firm BYD in the country's southern city of Szeged, which is said to become the first Chinese EV factory in Europe to go into operation, the report said. 


"Orban's remarks highlighted the development opportunities of Chinese companies in the Hungarian market," Sun Yanhong, a senior research fellow at the Institute of European Studies of the Chinese Academy of Social Sciences, told the Global Times on Sunday. 


Sun noted that China and Hungary have maintained stable relations and Hungary has been very active in attracting foreign investment. "In the field of investment, there is still huge potential for cooperation between China and Hungary."

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