China’s CATL to build $7.6 bln Hungary battery plant to supply Mercedes, BMW
China’s CATL (300750.SZ) said on Friday it would build a 7.3 billion euro ($7.6 billion) battery plant in Hungary, Europe’s largest so far, as the world’s biggest electric vehicle battery maker gears up to meet growing demand from global automakers. CATL said that construction of the 100 GWh (gigawatt hours) plant in the eastern Hungarian […]
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