Under Viktor Orbán, Hungary has focused on becoming one of the largest battery and electric vehicle producers in the world. Chinese investment in particular is helping to build up the infrastructure. However, business is not going well at the moment because EV sales in Europe are not taking off. Industrial production in Hungary has fallen by around six percent this year, as Bloomberg calculates. In the long term, however, the calculation could work out, as Alexander Brown, Senior Analyst at the Mercator Institute for China Studies (Merics), also emphasizes.