US EditionChinese battery maker CATL expects Hungarian production to start by early 2026
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According to the European head of the Chinese battery factory, it will take another 4-5 months before production can start in Debrecen.
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Chinese battery maker CATL expects Hungarian production to start by early 2026
MUNICH :Chinese battery maker CATL's new plant in Hungary is expected to start production by early next year, its general manager for Europe said on Sunday, as the company looks to the region for growth.CATL invested 7.3 billion euros ($8.55 billion) in the plant in the eastern city of Debrecen, seeking to ex
The Hungarian plant of Chinese battery manufacturer CATL is expected to start production by the beginning of next year, the company's European CEO announced.
According to the European director of the Chinese battery manufacturer, production will start in 4-5 months.
The new plant being built in Debrecen by China's CATL, the world's leading battery manufacturer, could start production as early as next year, the company's European CEO announced. The giant investment will play a key role in Europe's electric car transition and create thousands of jobs in the region, Reuters reports.
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