The government is supporting the investment, which will create 138 jobs, with a HUF 5.3 bln grant, Szijjártó said.
The plant will turn out 2 million parts a year, for combustion engine and electric vehicles.
The 26,000 sqm plant will be Chervon Autoʼs first outside of China, Szijjártó said. The investment will further strengthen cooperation between Hungary and China, he added.
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