Hungary’s new government turns up pressure on China’s BYD, CATL

EV and battery makers become targets of environmental crackdown Prime Minister Peter Magyar took office in May, promising a shift away from former Prime Minister Viktor Orban's pro-China policies. © Reuters VIENNA/GUANGZHOU — Hungary's government is ratcheting up pressure on Chinese companies, reviewing previously approved opaque funding and investment deals while also tightening environmental regulations for factories, upsetting plans for companies like BYD and CATL.

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