Self-driving car test track to start operating next summer

Telco

A HUF 42 billion test track for self-driving cars the government is building in Zalaegerszeg could start operating by next summer, the government commissioner for the project said at the site yesterday, Hungarian news agency MTI reported.

The government recently injected HUF 15 bln into the trackʼs project company to support the completion of the first phase of the investment, said László Palkovics.

Hungaryʼs government announced the test track, the only one of its kind in a 500 km radius, in the spring of last year.

Minister for National Economy Mihály Varga said earlier that the test track could add 0.1% to Hungaryʼs GDP in the short-term and another 0.3% for every HUF 100 bln in vehicle industry investments it attracts.

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1 Figures

Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1

Bulgaria's Household Income, Spending Rise 20% in 2023 World

Bulgaria's Household Income, Spending Rise 20% in 2023

Job Fair and Career Prep at Corvinus Starts Tomorrow HR

Job Fair and Career Prep at Corvinus Starts Tomorrow

Spago Budapest Offering Unique Sunday Brunch Experience Food

Spago Budapest Offering Unique Sunday Brunch Experience

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.