In the land full of opportunities in Central Europe, the industrial cooperation between China and Hungary is accelerating, and the new energy field has become a new highlight of the cooperation between the two sides. 2025, April 12, Puyue Overseas team together with the Chinese and European partners visited the headquarters of Xingwanda Hungary, and carried out in-depth exchanges on the enterprise's industrial layout in Central and Eastern Europe, the localization of the operation, and the direction of future cooperation. The visit not only provided valuable communication opportunities for both parties, but also further deepened the cooperation between China and Hungary in the new energy industry.

 (A model of Sino-Hungarian industrial cooperation）

    As an important layout of sunwoda in Europe, the development of sunwoda Hungary has attracted much attention. Ms. Li Tiantian, General Manager of sunwada Europe, and Ms. Adam Olejniczak, Senior PR Manager, gave a detailed introduction of the company's business expansion path in the European market, team building and coordination mechanism with the local government. Prosperity's investment project in Hungary not only demonstrated its good landing ability, but also highlighted its regional development potential in Central and Eastern Europe.

    As a transportation hub in the middle of Europe, Hungary has a long history of automobile industry, which attracts many international enterprises to set up their business here. The reason why Prosperity chose Hungary as its first production base in Europe is precisely because of Hungary's industrial foundation and geographical location advantages. In addition, the Hungarian government is actively promoting the transformation of the automobile manufacturing industry to electrification, which provides a favorable policy environment for new energy enterprises such as sunwoda.

Budapest Future Energy Technology Exhibition: A New Platform for Sino-European New Energy Cooperation

    During the meeting, Mr. Iftekharul Hasan Rocky, Director of International Cooperation of China New Energy (Europe) Industry Service Center, briefly introduced the upcoming Budapest Future Energy Technology Exhibition and Energy Storage Conference (BFETE), which will be held from September 17th to 19th, 2025, and emphasized that this exhibition will focus on the interface between Chinese and European new energy industries and promote in-depth cooperation between the two sides in terms of technology, capital and industrial chain. He emphasized that the exhibition will focus on the docking of the new energy industry between China and Europe, showcase the advantages of China's new energy industry chain, and promote in-depth cooperation between the two sides in terms of technology, capital and industry chain. BFETE is not only a platform for showcasing new energy technology, but also an important opportunity for exchange and cooperation between Chinese and European enterprises.

China's new energy industry chain accelerates agglomeration in Hungary

After the meeting, an unexpected discovery further confirms the accelerated agglomeration of China's new energy industry chain in Hungary. The Hungarian office of Bamo Technology, a Founder-level material company wholly acquired by Huayou Cobalt, is located in the same office building. This detail shows that more and more Chinese new energy enterprises are laying out their business in Hungary, forming a favorable situation of synergistic linkage and cluster development.

    Hungary has become an important investment destination for Chinese new energy enterprises in Central and Eastern Europe. Enterprises such as CATL and BYD have invested and built factories here, forming a new energy industry cluster. The Hungarian government actively promotes the development of new energy industry, provides policy support and infrastructure support, attracting a large number of Chinese enterprises to land.

Conclusion

The visit to sunwoda Hungary not only let us deeply understand the layout and development of Chinese enterprises in Central and Eastern Europe, but also let us see the great potential of cooperation between China and Hungary in the new energy industry. With the organization of “Budapest Future Energy Technology Exhibition”, the cooperation between China and Hungary in new energy industry will usher in new opportunities. We look forward to the deepening of the cooperation between the two sides in the field of new energy and contributing more to the development of the global new energy industry.