2024.05.07 17:36 GMT+8

CATL's largest investment an important step for Hungary's electrification

Updated 2024.05.07 17:36 GMT+8
CGTN

Hungary is stepping up its game to become a hub of European electronic vehicles, which has opened up opportunities for overseas companies to jump on board and build their production facilities for the European market. CATL, a Chinese battery manufacturing company, has invested more than seven billion euros to build a 100-gigawatt-hours battery plant in Debrecen in the eastern side of Hungary. This is not far from the auto plants of brands such as Mercedes-Benz, BMW and Volkswagen – showcasing Hungary's ambition of becoming the manufacturing hub of European electronic vehicles. It has been two years since CATL had set out to build its super factory in Hungary. CGTN reporter Cen Ziyuan explored the construction site and talked to the representative on the ground.

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