EcoPro BM bets on Hungary plant despite EV slowdown…profitability recovery remains a challenge

EcoPro BM is expanding operations at its two production lines in Debrecen, Hungary, despite weakening EV demand.

However, lower second-quarter sales, start-up costs at the new plant, rising inventory, and higher borrowing hurt profitability.

The Hungarian unit remains in the red, and the expansion could add to fixed-cost pressure in the near term.

Winning orders from European and North American customers and lifting utilization will be key to a recovery.