Hungary Crackdown on $20 Billion EV Sector Puts China on Notice

Hungary Crackdown on $20 Billion EV Sector Puts China on Notice

Hungary’s $20 billion electric-vehicle industry, which has long enjoyed the protection of former premier Viktor Orban, is facing a reckoning as the country’s new leadership cracks down on environmental violations and looks to raise taxes.

Hungary’s $20 billion electric-vehicle industry, which has long enjoyed the protection of former premier Viktor Orban, is facing a reckoning as the country’s new leadership cracks down on environmental violations and looks to raise taxes.
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