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Chinese Manufacturers in Hungary and the Latest Developments

Hungary is emerging as a key hub for Chinese manufacturing investment in Europe. Major players such as BYD, CATL, and NIO are building or expanding EV and battery plants, while companies like Lenovo and Wanhua Chemical are strengthening their European bases. With investments ranging from hundreds of millions to several billion euros and projects creating thousands of jobs, Hungary has become a strategic gateway for Chinese firms thanks to government incentives and its strong automotive industrial base.

Trends in Manufacturing Investment by Foreign Companies in the Czech Republic

Since 2025, the Czech Republic has witnessed a surge of foreign manufacturing investments in high-tech sectors such as electric vehicles, batteries, and semiconductors. Companies from Europe, the U.S., and Asia are building new plants and expanding capacity, backed by government incentives and the country’s central European location. These projects, ranging from multibillion-dollar semiconductor fabs to new EV battery plants, are creating thousands of jobs and reinforcing the Czech Republic’s role as a manufacturing hub in Europe.

Latest Trends in Manufacturing Investment by Foreign Companies in Slovakia

Slovakia, often called the “Detroit of Europe,” continues to attract large-scale foreign manufacturing investment. Since 2025, global companies from Europe, the U.S., Korea, and China have expanded their presence, particularly in electric vehicles and battery industries. Major projects include Volvo’s €1.2 billion EV plant near Košice, Hyundai Mobis’ new EV module factory in Nováky, and Gotion-InoBat’s €1.2 billion battery gigafactory in Šurany, together creating thousands of new jobs and reinforcing Slovakia’s role as a Central European hub for green and high-tech industries.

R&D Centers and Activities of Japanese Automakers and Parts Suppliers in Europe

Japanese automakers and Tier1 suppliers have built a strong R&D presence across Europe, complementing their local production bases. Companies such as Toyota, Nissan, and Honda operate major technical centers that drive vehicle development, advanced technologies, and adaptation to European regulations and customer needs. As electrification and CASE innovations accelerate, these R&D hubs are becoming even more critical to shaping the future of mobility in Europe.