Who makes EV batteries in Hungary?

The only exception is BYD, which operates (among others) a bus assembly plant in Hungary and uses its own batteries. In below, we provide a slight overview about the EV battery producer companies which already operate manufacturing plants in Hungary or announced to do so in the near future.

Why is battery storage important in Hungary?

State-of-the-art battery storage has great development potential in both areas all over the world. Hungary’s industrial, R&D traditions and capabilities are already outstanding in this field. The development of this sector can make the Hungarian battery industry a strategically important one in the Hungarian economy.

Will Hungary's new battery energy storage system help Green the grid?

The new facility supports a growing push to green Hungary’s power grid. Hungary has just switched on its largest battery energy storage system (BESS) to date, stepping up its role in Central Europe’s growing grid-scale energy transition.

Why are EV traction batteries made in Hungary?

Over the last years, many of the leader EV traction battery manufacturers and their suppliers chose Hungary as the location of their newly established manufacturing plants. This is in line with the goal of the Hungarian government to become one of the main battery producer countries not only in Europe, but also at global level.

Should Hungary invest in EV battery plants?

Within the European Union, Hungary puts a particularly high stake on EV battery plants, in the hope that it will find itself among the leading countries of an emerging industry within a few years. Commitment to green mobility is not the only motivation for attracting large battery manufacturers to the small Central European country.

Why is Hungary a good place to buy a battery?

Hungary is ideally located on the European battery map, thanks to its central geographical location, investments in cell and battery production facilities, the presence of large car manufacturers and its extensive supplier industry.