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Hungary: EUR 264 million state aid for Sunwoda Hungary's electric vehicle battery plant

Description

On 14 August 2025, Hungary received approval from the European Commission for a EUR 264 (USD 307.8) million state aid measure designed to support Hungary Sunwoda Automotive Energy Technology Kft in es...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Aug 2025

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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