Major Chinese Automotive Investment Lost to Spain

The new European electric car plant of Chinese automaker MG (SAIC Motor) will be built not in Hungary, but in Galicia, northern Spain. For the newly elected Hungarian government, the Chinese company’s decision on the location is turning into its first major economic policy setback. Until recently, Hungary was considered one of the favorites to […] The post Major Chinese Automotive Investment Lost to Spain appeared first on Hungary Today.

By Hungary Today