Hungary’s government approved an action plan for the development of the battery industry, which will help the country to achieve its climate neutrality goal by 2050, Péter Kaderják, Senior Advisor on Green Economy Development of the Ministry for Innovation and Technology announced at the opening of the Hungarian Battery Day conference in Budapest, where industry stakeholders reviewed the major opportunities and challenges ahead of the fast-developing Hungarian battery industry.
The objective of the strategy is to strengthen the role of the Hungarian battery industry in the European ecosystem and promote economic development and growth while ensuring the successful green transition of the Hungarian energy and mobility industries.
Péter Kaderják underlined that the Hungarian battery industry, which is growing rapidly, is one of the breakthrough points of the domestic industry. Hungary has the second-largest battery production capacity in Europe after Germany.
“Today’s launch of Hungary’s national battery strategy represents a landmark in the Hungarian and also in the European battery ecosystem,” said Maroš Šefčovič, Vice-President in charge of the European Battery Alliance. He highlighted that Hungary was among the battery pioneers, being one of the first member states to start producing battery cells.
Attila Steiner, State Secretary for the Development of Circular Economy, Energy and Climate Policy said at the event that the ministry welcomes the establishment of the Hungarian Battery Association, which can count on the cooperation and support of the Hungarian government.
“The basis of developing a competitive battery industry is to create an integrated battery value chain,” he said. “We would like to shift from products labelled as “made in Hungary” to products labelled as “developed in Hungary”.
The Secretary of State also pointed out that the green transition is a huge challenge for the economy, but it will create new jobs and bring significant added value as well as a competitive advantage. He emphasised that the battery industry plays a key role in the successful implementation of the transformation adding that the development of the domestic industry – based on the adopted action plan and the Hungarian Battery Association – will be carried out in cooperation with the stakeholders of the European battery ecosystem.
At the conference, policy-makers, industry stakeholders and representatives of scientific institutes discussed the possibilities of the action plan regarding regulation, innovation, supplier positions and issues related to the transition to vehicle production, according to the ministry’s press release.