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Audi begins building electric motors in Hungary

“Today, Hungary is one of the determining bastions of European car production and the European automotive industry,” the foreign minister said

Audi has begun building electric motors in Hungary, it has been announced.

The Audi Hungária facility in Győr has started building electric motor axles, which combine motors with power-control electronics.

Audi insiders state that the production of these motors will be key to developing the company’s electric motor arm, and will be used specifically in the E-Tron electric SUV.

“The serial production of electric engines has begun at Audi Hungária’s automotive plant in Győr,” Chairman of the Board of Audi Hungária Achim Heinfling announced at an event held to mark the occasion on Tuesday.

“The plant in Győr began 25 years ago as a small engine factory with 700 employees producing two thousand engines-a-day on an area of 60 thousand square metres, and today, following over eight billion euros of investment, the plant operates on five million square metres, employs over twelve and a half thousand people and manufactures nine thousand engines and five hundred vehicles every single day,” he added.

Hungary’s minister of Foreign Affairs and Trade, Péter Szijjártó was also at the event and spoke about the factory in Győr as a demonstrator of the modern-age industrial revolution, highlighting the fact that the performance of the Hungarian automotive industry has doubled over the past seven to eight years to exceed 8 trillion HUF (24.5bn EUR) last year.

“Today, Hungary is one of the determining bastions of European car production and the European automotive industry,” he said.

“The sector plays an extremely important role in enabling the rate of economic growth to remain above 4 percent,” he added.

The minister explained that the key to success in the competition that is occurring within the global economy, which poses major challenges to both businesses and regulators, is to attract as many investment projects as possible that determine the new industrial era.

“The fact that Hungary has the lowest rates of corporation and income tax in Europe, and the tax burdens on employers are decreasing year-by-year, could represent a major argument in this competition,” he said.