Mi Hazánk: Electric cars are the wrong way

This is what the right-wing Mi Hazánk claims, pointing to a hypothesis that has been completely refuted by reality – as shown by the desolate state of the German economy. The Orbán government’s economic strategy since 2017 has been based on battery cell factories and electric cars, which are also being pushed by the EU centre. The assumption is that vehicles with purely electric drives are the drive system of the future.

According to MNB calculations, more than 6,000 billion forints (a good 14.5 billion euros at today’s prices) have now been channelled into development projects in connection with battery cell production, which, according to the opposition party, ‘exclusively serve the interests of global multinationals, while the domestic SME sector is fighting for its survival’. The billions of euros that have been poured into electromobility would have been much better spent on domestic companies that create value, conduct research and development and boost the economy by employing Hungarian workers. Mi Hazánk believes that the only way out of the current economic crisis is economic independence and self-sufficiency for the country.