Hungary’s success in the new epoch of carmaking will be crucial – Szijjarto

The global autos industry is entering a new phase, posing special challenges for countries such as Hungary where the sector is crucial for the national economy, Foreign Minister Peter Szijjarto said in San Francisco after meeting Tesla leaders and representatives of over 20 IT and communications companies.

Szijjarto noted that electro-mobility and self-driving cars were in the focus of carmaking, and this would be a challenge for Hungary, where the sector accounts for 29.5 percent of the country’s total industrial output. “Hungary’s success in this new epoch of carmaking will be crucial for the whole of the economy,” Szijjarto said, noting the importance of building ties with leading carmakers. He added Tesla would “without doubt” be a dominant electric and self-driving vehicle manufacturer.

“Today’s talks were aimed at putting Hungary on the map Tesla’s leaders have in mind, a map of countries seriously concentrating on the automotive industry,” the minister said. He said Tesla leaders were impressed by Hungarian efforts to build a good investment and R and D environment, such as offering low taxes and incentives for carmakers. Tesla, he said, has decided to build two superchargers in 2018, one in Gyor, in western Hungary, and another in Nagykanizsa, in the south-west.

Source and photo: MTI


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