October 5, 2026

Péter Szijjártó Faces Scrutiny Over BYD Subsidies Amid Conflict of Interest Claims

Péter Szijjártó appeared before a parliamentary committee to address his dealings with BYD while in office and his subsequent role at the company.
He facilitated significant government subsidies for BYD's investments in Hungary, raising conflict of interest concerns.
Hungary's new Prime Minister announced an investigation into Szijjártó's decisions related to BYD, including the opening of a factory and the location of the company's European headquarters in Budapest.
Regulatory changes and tighter oversight of the battery production sector are promised following recent workplace safety issues.

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