Transition to electric vehicles in Hungary: A devastating crisis or business as usual?

Andrea Szalavetz

Technological Forecasting and Social Change, 2022, vol. 184, issue C

Abstract: This paper discusses the impact of the transition to electric vehicles on the Hungarian automotive sector that is highly specialised in the manufacture of internal combustion engine vehicles and parts. Building on the industry lifecycle theory, we argue that electrification conveys many opportunities for upgrading, since it requires such a proliferation of innovative tasks that, coupled with a tight deadline imposed by the European regulatory framework, can be accomplished only through further decentralisation of R&D activities.

Keywords: Transition to electric vehicles; Industry life cycle; Upgrading; Central Europe (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:184:y:2022:i:c:s0040162522005509

DOI: 10.1016/j.techfore.2022.122029

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