Csontos Tamás Tibor – Éltető Andrea – Molnár Ernő – Sass Magdolna
Abstract
This study examines how the co-location of German automotive manufacturers and Asian battery producers is reshaping Hungary’s position in European electric vehicle value chains. Drawing on industry data, stakeholder interviews and case studies, it shows that Hungary has attracted major investments while retaining strong external technological dependence and limited domestic value capture. The authors identify “strategic overshooting”: capacity expansion outpacing infrastructural, environmental and institutional capacities. They argue for a shift from investment volume towards stronger domestic supplier capabilities, innovation, improved labour and environmental standards, and better coordinated Hungarian and European industrial policies.