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Hungary's industrial policy, future lie in electromobility: Orban

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Hungarian Prime Minister Viktor Orban on Saturday underlined the country's commitment to electromobility as a cornerstone of its industrial policy.

At a year-end international press conference, Orban said Hungary's industrial policy and future lie in electromobility. "For us, the defining issue of the next decade will be electromobility, and it's not just about mobility but about electro-specifically," he added.

Orban said that from Hungary's perspective, this direction is strategic and will remain unchanged.

Noting that large battery factories will go online, Orban also mentioned the BYD plant in the southern Hungarian city of Szeged, which will become the first Chinese electric car factory in Europe to start operation.

These are "pivotal developments for Hungary's industrial future," according to Orban.

On the electric vehicle (EV) dispute between the European Union (EU) and China, Orban said that "it is a consequence of bad European policy, particularly affecting Germany." Hungary is aligned with Germany on this matter, he noted.

Orban qualified Hungary's EU Council presidency as "successful," which tackled major issues such as the Russia-Ukraine conflict and European competitiveness.

The Hungarian prime minister also touched on EU-U.S. relations and the potential impact of Donald Trump's presidency on global trade and Western policies. He urged the EU to adapt to a changing reality, including shifts in migration, family values, and economic policies. 

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