Hungary and Poland Seize the EV Moment

Battery plant lies just beyond the Debrecen suburb of Mikepercs in Hungary. — Battery plant lies just beyond the Debrecen suburb of Mikepercs in Hungary.
Photographer: Akos Stiller/Bloomberg

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By Zoltan Simon

November 7, 2023 at 5:30 AM UTC

Hi, this is Zoltan Simon in Budapest. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here.

Hungary and Poland are racing to lead Europe’s shift to electric vehicles, fueling their economies and outpacing peers who have been slower in winning investments from China and South Korea.