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CATL invests heavily in building a Hungarian battery factory

 Last Update: 2022-08-30
 Source: Internet
 Author: User

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On August 12, Ningde Times announced that in order to further deepen the company's global strategic layout, promote overseas business development, and meet overseas market demand, it plans to invest in the construction of the Hungarian Times New Energy Battery Industrial Base Project in Debrecen, Hungary.

Ningde Times said that this investment in the construction of production bases is in line with the company's global strategic development plan, and will further improve the company's overseas production capacity layout to meet the company's future business development and overseas market expansion needs.

As for why the second factory was located in Hungary, Ningde Times said that, first of all, Hungary has a long history of automobile manufacturing industry, with good industrial facilities.

However, Ningde Times also stated that this investment still needs to be approved or filed by the company's shareholders meeting and the Chinese and Hungarian governments and relevant departments, and there is uncertainty

It is understood that the Debrecen factory will be the second factory built by CATL in Europe after the Thuringia factory

In addition, CATL is also actively expanding overseas projects in the battery industry chain

Overseas markets are becoming more and more important to CATL

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