The electric car industry has hit the gas – Chinese company Evoring's new factory was handed over in Jászfényszaru

Following a new investment of HUF 39 billion by Chinese automotive supplier Evoring Precision Manufacturing, 450 jobs will be created in Jászfényszaru, further strengthening Hungary's leading position in the transition to electric cars , said Péter Szijjártó, Minister of Foreign Affairs and Trade, on Thursday at the site, according to MTI.

The new production centre was built by MERKBAU Zrt., and we have previously dedicated an article to the structurally complete building at article.

In addition to the 24,000 square metre centre built on 10 hectares, the project also included the construction of service buildings and infrastructure for the production centre, which was also undertaken by MERKBAU. Furthermore, special emphasis was placed on afforestation and increasing green areas.

450 new jobs will be created

According to a statement from the ministry, the minister reported at the handover of the Evoring Precision Manufacturing Kft. factory that the Chinese company had become the market leader in Europe.

It will manufacture gears and axles for the electric car industry here.

In his speech, he emphasised that the government had supported the 39 billion forint investment with seven billion forints, thereby helping to create 450 new jobs.

He then announced that 99 large-scale corporate investments had been realised in Jász-Nagykun-Szolnok County over the past ten years, with HUF 130 billion in state support, totalling HUF 510 billion, creating 5,200 jobs.

Péter Szijjártó emphasised that Hungary's role as one of the leaders in the global electric car industry revolution played a major part in the economic successes of recent years.