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Published on 14:47 GMT

Former Hungarian foreign minister resigns from parliament for job with Chinese automaker

BUDAPEST, Hungary (AP) — Hungary's former foreign minister has resigned his seat in parliament and taken an executive position with Chinese electric automaker BYD, he announced in a social media post on Wednesday. Péter Szijjártó, who served as Hungary …

Source: The Messenger - Kentucky - Pending
Published on 08:23 GMT

Mercedes-Benz opens expanded Kecskemét plant in Hungary

The €1bn bet on Kecskemét signals that Mercedes-Benz sees flexible, local production as critical for navigating market volatility Mercedes-Benz has opened an expanded Kecskemét plant in Hungary and launched production of the electric C-Class there, the …

Source: Automotive World - Neutral
Published on 05:04 GMT

Mercedes-Benz expands Hungarian plant with €1bn investment

Mercedes-Benz has completed a €1bn ($1.14bn) expansion of its Kecskemét plant in Hungary. The upgrade forms part of Mercedes-Benz Business Plan 2022–2026 that is aimed at “sustainably strengthening the competitiveness, efficiency and future viability of …

Source: Just Auto - Neutral
Published on Jul 14, 2026

China Electric Vehicle Market Revenue to Hit USD 784.6 Billion by 2035 at 14.80% CAGR Thriving Global Demands and Trends

Battery Electric Vehicles (BEVs) hold approximately 72% share of the China EV Market, driven by declining pack costs and range improvements above 600 km NY, CA, UNITED STATES, July 14, 2026 /⁨EINPresswire.com⁩/ -- The China Electric Vehicle Market …

Distribution channels: Automotive Industry ...
Published on Jul 14, 2026

Mercedes Opens Its Largest European Factory in Hungary - Billion Euro Expansion

Mercedes-Benz has officially opened its expanded production facilities in Kecskemét, completing an investment of around EUR 1 billion that significantly reshapes the site’s role within the company’s global manufacturing network. With the addition of new …

Source: XpatLoop - Indeterminate
Published on 15:13 GMT

How Audi Hungaria Is Battling the Global Crisis

While restructuring looms at the parent company Volkswagen, Audi Hungaria Zrt. in Győr is charting its own course. Although there are no waves of layoffs here, the message from management to the workforce is clear: Anyone who wants to keep their job in …

Source: Hungary Today - Right-wing
Published on Jul 14, 2026

Why German Manufacturers Prefer Hungary

The German automotive industry is facing significant cost pressures. To remain competitive internationally, manufacturers are increasingly shifting their production to low-wage countries in Europe. One example of this trend is the recent expansion of …

Source: Hungary Today - Right-wing
Published on Jul 14, 2026

Mercedes-Benz invests €1bn to expand Hungarian plant

Share current article via EmailShare current article via FacebookShare current article via TwitterShare current article via LinkedIn Mercedes-Benz has invested €1bn (about R18.69bn) to double output at its Hungarian plant in Kecskemét, the German carmaker …

Source: Times LIVE - Indeterminate
Published on Jul 13, 2026

Mercedes is now building its new electric C-Class – here’s where

Photo: Mercedes-Benz Mercedes-Benz has officially kicked off production of its upcoming all-electric C-Class at its factory in Kecskemét, Hungary, as the automaker expands EV production in Europe ahead of a wave of new electric models. To make that happen …

Source: Electrek - Pending
Published on 08:23 GMT

BYD simplifies overseas brands to chase 1.5m sales target

BYD is no stranger to resetting its global growth strategies, and it appears to be doing it again. By Stewart Burnett BYD is overhauling its overseas brand structure, folding its Dynasty and Ocean model lines into a single BYD brand internationally, …

Source: Automotive World - Neutral
Published on Jul 13, 2026

Mercedes-Benz expands Hungarian factory in efficiency drive

Mercedes-Benz Boosts Output with €1 Billion Expansion at Hungarian Factory Major Investment and Expansion at Kecskemet Plant By Gergely Szakacs Overview of the Expansion KECSKEMET, Hungary, July 13 (Reuters) - Mercedes-Benz has invested 1 billion euros ($1 …

Source: Global Banking & Finance Review - Neutral
Published on Jul 13, 2026

Mercedes-Benz opens Europe’s largest plant in Hungary after EUR 1 billion expansion

Mercedes-Benz has officially inaugurated the expanded production facilities at its plant in Kecskemét, marking the completion of a roughly EUR 1 billion investment that has transformed the site into the company’s largest manufacturing facility in Europe …

Source: Daily News Hungary - Neutral
Published on Jul 13, 2026

The unstoppable rise of China-made cars in Europe: 5 things to know

The European Commission announced additional import tariffs on Chinese battery electric vehicles (BEVs) on July 4, 2024, after manufacturers were deemed to have unfairly benefited from state subsidies, in the hope of leveling the playing field for the …

Source: KrASIA - Neutral
Published on 10:35 GMT

Oliver Tree's 'celebration of life' ceremony to be livestreamed for fans next weekend

Oliver tragically died last month(Image: Stephen Lovekin/Shutterstock) Oliver Tree fans will be able to take part in his celebration-of-life service. The BRIT Award nominee tragically died aged just 32 last month, in a helicopter crash in Rio de …

Source: The Mirror - Left-wing
Published on Jul 14, 2026

Driving into the future: Mercedes shifts into high gear in Kecskemét

With the new facility inaugurated on Monday, the largest Mercedes plant in Europe and the second largest in the world has been established at the Kecskemét factory, Prime Minister Péter Magyar announced in Kecskemét. Speaking via a live online video from …

Source: The Budapest Times - Right-wing
Published on Jul 11, 2026

BYD showcases battery, charging technology in 15,000km journey from Rome to Hong Kong

BYD, the world’s largest electric vehicle (EV) maker, has intensified efforts to promote its high-performance batteries and superfast charging technology around the world as it tests a car that it says boasts the world’s longest driving range in a journey …

Source: South China Morning Post - Indeterminate
Published on Jul 13, 2026

“Gentlemen, you’re doing everything wrong”—Europe’s biggest Mercedes plant opens in Kecskemét

Ten years after negotiations about the project first began and four years after construction started, the second production unit at Mercedes’ Kecskemét plant was officially inaugurated on Monday, July 13. This expansion doubled the plant’s capacity, making …

Source: Telex - Neutral
Published on Jul 10, 2026

EU Auto Jobs Crisis: Millions at Risk as Pressure Mounts

Strasbourg, 8 July 2026 — EBM Newsdesk Analysis — By Nick Staunton Stéphane Séjourné, the European Commissioner for Industrial Strategy, told the European Parliament on 7 July that Europe’s car industry faces an “existential crisis” with millions of jobs …

Source: European Business Magazine - Indeterminate
Published on Jul 13, 2026

European Carmakers Face Crisis as Cheap Chinese EVs Flood Market

European carmakers face mounting pressure from an influx of affordable Chinese electric vehicles that threaten to reshape market dynamics across the continent. The situation has grown so concerning that major manufacturers including General Motors and Ford …

Source: WebProNews - Pending

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Published on July 15, 2026 - 10:55 GMT

Electric Vehicle Range Extender Market Share Register with CAGR of 13.0% by Trends, Technology Till the Forecast 2035

Europe generated 36.3% of the electric vehicle range extender market revenue in 2025, led by Germany, France, and the Nordic countries. NY, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Electric vehicle range extenders are auxiliary …

Distribution channels: Energy Industry ...
Published on July 14, 2026 - 13:13 GMT

China Electric Vehicle Market Revenue to Hit USD 784.6 Billion by 2035 at 14.80% CAGR Thriving Global Demands and Trends

Battery Electric Vehicles (BEVs) hold approximately 72% share of the China EV Market, driven by declining pack costs and range improvements above 600 km NY, CA, UNITED STATES, July 14, 2026 /⁨EINPresswire.com⁩/ -- The China Electric Vehicle Market …

Distribution channels: Automotive Industry ...

Published on July 15, 2026 - 10:55 GMT

EV Test Equipment Market Growth Surge to USD 2,858.10 Million, at Accelerating CAGR of 28.90% Till the Forecast 2035

Asia-Pacific led the electric vehicle test equipment market with a 51.7% revenue share in 2024 and is the fastest-growing region at a 35.5% CAGR. NY, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Electric vehicle (EV) test equipment …

Distribution channels: Energy Industry ...
Published on July 15, 2026 - 07:45 GMT

EV Drive Module Market to Reach US$ 59.4 Billion by 2033, Growing at a CAGR of 16.4% During 2026–2033

Increasing demand for Battery Electric Vehicles and next-generation electric powertrains is driving strong growth in the EV Drive Module Market LONDON, UNITED KINGDOM, July 15, 2026 /⁨EINPresswire.com⁩/ -- The global EV Drive Module Market is …

Distribution channels: Automotive Industry ...

Published on July 15, 2026 - 13:00 GMT

WAVE Charging and Ports America Deploy High-Power Wireless Charging System at the Port of Los Angeles

12 Wireless Charging Pads Support 10 RIDE Electric Yard Tractors in Major Step Toward Zero-Emission Cargo Operations LOS ANGELES, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- WAVE Charging, a leading provider of high-power wireless …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 15, 2026 - 01:13 GMT

XYDF Delivers Scalable DC Charging Solutions for Commercial, Fleet and Highway EV

With 10+ years manufacturing expertise, XYDF provides end-to-end DC fast charger systems and expert insights on finding the best 110v EV charger for home use. YUEQING, ZHEJIANG, CHINA, July 15, 2026 /⁨EINPresswire.com⁩/ -- The global acceleration …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on July 14, 2026 - 17:07 GMT

ComprehensiveElectric Car Charger Market Report Covers Forecasts, Innovations And Industry Outlook

The Business Research Company's Electric Car Charger Market Report 2026 – Market Size, Trends, And Global Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, July 14, 2026 /⁨EINPresswire.com⁩/ -- "Electric Car Charger market to …

Distribution channels: Business & Economy, Electronics Industry ...
Published on July 15, 2026 - 10:22 GMT

Electric Traction Motor Market Share Estimated USD 41.25 Billion, at a CAGR of 9.3% During 2026 To 2035

Railways accounted for a 43% share of the Electric Traction Motor Market in 2025, supported by multi-billion-dollar procurement cycles in Asia and Europe. NY, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Electric traction motors are …

Distribution channels: Energy Industry ...

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Published on July 15, 2026 - 15:37 GMT

Super Brush LLC Invited to Participate in Walmart's Fifth Annual U.S. Manufacturing Fly-In

Super Brush announced today that General Manager Misty McGinnes was invited by Walmart to participate in the retailer's Fifth Annual U.S. Manufacturing Fly-In SPRINGFIELD, MA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Super Brush …

Distribution channels: Automotive Industry, Companies ...
Published on July 15, 2026 - 15:15 GMT

Lilac Solutions Selects JordProxa as Technology and Equipment Partner for Great Salt Lake Lithium Facility

Selection advances project toward final investment decision expected later in 2026 OAKLAND, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Lilac Solutions, a leading provider of direct lithium extraction (DLE) technology, today announced it has …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on July 15, 2026 - 15:11 GMT

Fintech Pioneer Shawn Ward Joins Centergy Solutions Board of Directors

HARAHAN, LA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Centergy Solutions, a leading provider of digital lending and consumer engagement technology for financial institutions, today announced the appointment of fintech pioneer Shawn Ward to its …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on July 15, 2026 - 14:33 GMT

AEO Outperforms SEO: AIMZER Releases Data Linking AI Recommendations to Higher-Intent Leads and Faster Sales Cycles

Improving AI visibility and recommendation frequency leads to higher-quality opportunities, faster sales cycles, and stronger conversions for businesses. MIAMI, FL, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Data released today by …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on July 15, 2026 - 14:31 GMT

Power Innovations International Joins Current/OS Partner Network to Advance the Future of Direct Current Microgrids

Pii’s portfolio spans power electronics ranging from individual converter modules to complete DC power systems, including its Tower of Power (ToP) platform. AMERICAN FORK, UT, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Power Innovations …

Distribution channels: Automotive Industry, Electronics Industry ...
Published on July 15, 2026 - 13:29 GMT

State-by-State Analysis of Car Insurance Premium Increases After Accidents

LOS ANGELES, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- ConsumerCoverage today released a new state-by-state analysis examining how auto insurance premiums change following at-fault accidents across the United States. The report …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 15, 2026 - 13:03 GMT

Scrap Metal Recycling Market to Surpass USD 100.70 Billion by 2033, Expanding at 5.9% CAGR | 2026–2033 Forecast

The global scrap metal recycling market is estimated to be valued at USD 67.40 Bn in 2026 and is expected to reach USD 100.70 Bn by 2033. BURLINGAME, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- The latest study, titled Scrap Metal …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 15, 2026 - 13:00 GMT

WAVE Charging and Ports America Deploy High-Power Wireless Charging System at the Port of Los Angeles

12 Wireless Charging Pads Support 10 RIDE Electric Yard Tractors in Major Step Toward Zero-Emission Cargo Operations LOS ANGELES, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- WAVE Charging, a leading provider of high-power wireless …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 15, 2026 - 12:00 GMT

Pacific Power Source Launches Next-Generation SmartTS-HFI Harmonics, Flicker, and Immunity Test System

Next Generation Harmonics, Flicker, and Immunity test platform for EMC pre or full compliance testing. IRVINE, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Pacific Power Source today announced the SmartTS-HFI Harmonics, Flicker, and …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on July 15, 2026 - 10:45 GMT

Shining Packaging Highlights Sustainable Metal Packaging Considerations as Global Regulations Evolve

NINGBO, ZHEJIANG, CHINA, July 15, 2026 /⁨EINPresswire.com⁩/ -- As governments and major consumer brands place greater emphasis on packaging circularity and resource efficiency, packaging manufacturers are adapting their product development and …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on July 15, 2026 - 09:59 GMT

Triplett Highlights the Importance of NIST Traceability in Professional Measurement Applications

Triplett highlights NIST traceability’s role in verified measurements, calibration documentation, and quality programs for professional testing applications. MERRIMACK, NH, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- Triplett Test …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on July 15, 2026 - 09:47 GMT

XXCART Advances Premium Mobility as a High-End Customized Golf Carts Manufacturer

SAINT PETERSBURG, FL, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- The landscape of short-distance transportation is evolving rapidly. As industries, residential communities, and luxury resorts shift toward more sustainable and efficient …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 15, 2026 - 08:19 GMT

Drawing-Based Shaft and Forging Solutions for OEM Industrial Parts

XINZHOU, SHANXI, CHINA, July 15, 2026 /⁨EINPresswire.com⁩/ -- OEM industrial buyers increasingly require drawing-based forgings for shafts, sleeves, rings, cylinders, and other non-standard parts that must match project-specific dimensions, …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on July 15, 2026 - 07:45 GMT

EV Drive Module Market to Reach US$ 59.4 Billion by 2033, Growing at a CAGR of 16.4% During 2026–2033

Increasing demand for Battery Electric Vehicles and next-generation electric powertrains is driving strong growth in the EV Drive Module Market LONDON, UNITED KINGDOM, July 15, 2026 /⁨EINPresswire.com⁩/ -- The global EV Drive Module Market is …

Distribution channels: Automotive Industry ...
Published on July 15, 2026 - 07:25 GMT

Jiehuang Strengthens Its Position as a One-stop Metal Parts Supplier in China with Advanced Custom Metal Solutions

NINGBO, ZHEJIANG, CHINA, July 15, 2026 /⁨EINPresswire.com⁩/ -- The global manufacturing sector is currently experiencing a significant shift toward components characterized by geometric complexity, strict dimensional tolerances, and high structural …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on July 15, 2026 - 07:23 GMT

Xingma Recognized as a Global Leader in Precision Hardware & Stamping Manufacturing

YUEQING, ZHEJIANG, CHINA, July 15, 2026 /⁨EINPresswire.com⁩/ -- Meeting the Growing Demand for Precision Hardware and Stamping Components How can manufacturers ensure reliable performance, dimensional accuracy, and consistent quality in today’s …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 15, 2026 - 06:53 GMT

Automotive Interior Materials Market Size to worth USD 87.94 Billion by 2033, says Coherent Market Insights

Automotive Interior Materials Market size is estimated to be valued at USD 65.94 Bn in 2026 and exhibiting a (CAGR) of 4.2% from 2026 to 2033. BURLINGAME, CA, UNITED STATES, July 15, 2026 /⁨EINPresswire.com⁩/ -- The latest research study …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 15, 2026 - 06:42 GMT

HGTECH vs Global Competitors: What Sets China Top Laser Welding Machine Suppliers Apart

WUHAN, HUBEI, CHINA, July 15, 2026 /⁨EINPresswire.com⁩/ -- The global manufacturing landscape is undergoing a profound transformation, driven by the relentless pursuit of precision, efficiency, and sustainability. At the heart of this industrial …

Distribution channels: Automotive Industry, Business & Economy ...
Published on July 15, 2026 - 06:22 GMT

Hank Reeling Machine Market Projected to Hit US$ 1.51 Billion by 2033, Reports Persistence Market Research

Driven by rising yarn-processing activities, growing replacement of manual and semi-automatic equipment. LONDON, LONDON, UNITED KINGDOM, July 15, 2026 /⁨EINPresswire.com⁩/ -- The global Hank Reeling Machine Market is experiencing steady growth as …

Distribution channels: Automotive Industry ...
Published on July 15, 2026 - 05:58 GMT

Airfield Fencing Market to Reach US$ 4.9 Billion by 2033, Driven by Rising Airport Security Investments

Driven by growing airport security investments and expanding aviation infrastructure. LONDON, LONDON, UNITED KINGDOM, July 15, 2026 /⁨EINPresswire.com⁩/ -- The global airfield fencing market is witnessing consistent growth as airports worldwide …

Distribution channels: Automotive Industry ...