The Hungarian aircraft manufacturer, Magnus Aircraft Zrt., is gearing up to commence production of its small electric aircraft in China. Construction of their factory in Wuxi, located near Shanghai, is set to be completed by October. This marks a significant step for the company as it extends its reach beyond Hungary, leveraging Chinese state investment to build a new industrial park spanning 210,000 square meters. The facility will include a showroom, composite manufacturing, aircraft assembly, maintenance facilities, and a development center in collaboration with the University of Óbuda.