Obuda Uni Venture Capital invests €340,000 in BDN Automotive to support its development of hydrogen technology for converting diesel vehicles, aimed at promoting sustainable transportation.

Information on the Target

BDN Automotive Kft., established in 2019, is a technology-focused startup dedicated to making transportation more sustainable through innovative engineering solutions. The company aims to convert existing diesel-powered vehicles into hydrogen-powered ones, significantly reducing harmful emissions without the need for purchasing new vehicles. This initiative is crucial for accelerating the transition to greener transportation.

BDN Automotive is comprised of a talented Hungarian engineering team with international experience, focusing on developing a technology that allows high-performance diesel vehicles—such as trucks, locomotives, and ships—to operate partially on hydrogen. Their latest developments reflect not only the precision required in motorsport but also a commitment to environmentally friendly transportation. The company has been recognized with the Hydrogen Technology Innovation Award by the HUN-REN Hungarian Research Network and the Hungarian Hydrogen Technology Association for their outstanding work.

Industry Overview in Hungary

The automotive industry in Hungary has experienced significant growth and transformation in recent years. As Europe pushes for sustainable practices and reduction of carbon footprints, companies like BDN Automotive are at the forefront of this change, provi