Substantial opportunities are awaiting Hungarian suppliers in the field of e-mobility as well

Substantial opportunities are awaiting Hungarian suppliers in the field of e-mobility as well

The very first Battery Workshop was held on 29th October 2019 at the HIPA headquarters

The Hungarian Investment Promotion Agency (HIPA) has organized a partner meeting titled "Battery Workshop ‒ Rising influence of the Hungarian battery industry" related to EV battery production and electromobility. The multinational companies operating in Hungary had a chance to learn about the wide range of products and services of national small and medium enterprises (SMEs) in connection with electrically powered technologies, and the SME's could also assess the potential of cooperation at the event.

Róbert Ésik, CEO of HIPA giving his keynote speech

Róbert Ésik, CEO of HIPA giving his keynote speech

The aim of the event was to bring together the representatives of large companies manufacturing batteries or its components, which have already settled or planning to settle in Hungary, and domestic manufacturing, developing and researching SMEs, institutions and organisations engaged in the sector and suitable for direct and indirect supplies.

In addition to the international stakeholders getting acquainted with the Hungarian sectoral stakeholders, the workshop is also an excellent platform for establishing horizontal collaborations as well, i.e. the Hungarian stakeholders may also learn about each other's activities and development directions at the emerging market, therefore, by joining forces and complementing each other, the opportunity for creating higher added value products and services might also be granted.

In the field of electromobility, which is the technology of the near future, Hungary has a unique position not only in the region, but also in Europe. Besides considerable research and development capacities related to electric powertrains (AVL, Bosch, thyssenkrupp), Hungary also assumes a leading position in the field of battery production: out of the top five Asian EV battery manufacturing companies, three has chosen Hungary for the location of their European manufacturing hub: South Korean Samsung SDI and SK Innovation, and also Japanese GS Yuasa. Following these decisions, the suppliers of the large manufacturers have also turned to Hungary, including Bumchun, Doosan, INZI Controls, Shinheung and Toray.