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Hungary to raise pollution fines to 5 billion forints; EV batteries covered

Hungary will raise the maximum pollution fine for large manufacturers, including battery plants, to 5 billion forints ($16 million), Prime Minister Peter Magyar said, shifting from the prior push to attract EV battery plants.

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Hungary plans to raise the maximum pollution fine for large manufacturers, including battery producers, to 5 billion forints ($16 million), Prime Minister Peter Magyar said on Thursday. The move marks a change from former Premier Viktor Orban’s policy of encouraging EV battery plant investment.