Audi CEO Gernot Dollner said Gyor was "predestined" for the production of the electric motors for the PPE, noting that Audi Hungaria employees had already built over 400,000 electric drive systems since 2018.

Around 700 Audi Hungaria employees are involved in the production of the electric motors for the PPE, working in three shifts to turn out up to 2,000 units a day.

In addition to the electric motors for the PPE that power the Audi Q6 e-tron series, Audi Hungaria also builds the drive system for the Audi Q8 e-tron, and an additional production area is being set up for electric motors that will be used in vehicles based on the MEBeco (modular electric drive toolkit) in the Volkswagen Group.

Audi Hungaria has invested around EUR 12 billion since its establishment 30 years ago. It employs around 12,000 people.

The company's production has been carbon neutral since 2020: it is home to Europe's largest roof-mounted solar panel system and it is Hungary's biggest consumer of industrial geothermal energy.

Speaking at the launch, Economic Development Minister Marton Nagy said Audi Hungaria provided work for around 50,000 people taking into account its suppliers and service providers. The company accounts for around 8% of the country's exports, he added.

Audi plans to plow a further EUR 54 mln into projects this year and has asked the state for support for the green transition, a request the government is weighing, Nagy said. The government will support further FDI inflow with "all means at its disposal", he added.

So far, Hungary has contributed HUF 60 bln to support investments and job creation at Audi Hungaria, he said.