Audi to produce electric cars in Hungary

Automotive

Audi is speeding up its plans to become one of the biggest players on the electric vehicle market, and Hungary is set to be one of the pillars of this plan, according to a Reuters report.

“In future, electric cars will roll off the line in all of our plants,” Audi Chief Executive Rupert Stadler said on Wednesday at a gathering of workers in Ingolstadt, according to Reuters. Development chief Peter Mertens echoed this by adding that in the next eight years Audi will roll out more than 20 electrified vehicle models, half of which will be battery only.

As a result of Audiʼs strategy, the company will build electric vehicles at its plants across the world, including sites in Mexico and Hungary. Meanwhile, labor union leader Peter Mosch called on top management to speed up assigning production of electric cars to Germany, Reuters reports.

ADVERTISEMENT

Almost half of Hungarians get fringe benefits, survey shows Analysis

Almost half of Hungarians get fringe benefits, survey shows

Operative corps for economic recovery decides on further mea... Government

Operative corps for economic recovery decides on further mea...

Healthcare Roadshow Highlights Innovation, Screening Awarene... Interview

Healthcare Roadshow Highlights Innovation, Screening Awarene...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.