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GEOPOLITICS | Hungary Cracks Down on $20 Billion EV Sector

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2026-07-18 07:51:12
Hungary’s $20 billion electric-vehicle industry is facing a crackdown as the country’s new leadership targets environmental violations and considers higher taxes, according to Bloomberg.

The sector had long benefited from the protection of former premier Viktor Orban, but the new stance puts China on notice.
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