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.
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The new site would dwarf CATL’s existing European battery production facility in the German state of Thuringia, with a planned annual production capacity of 100 gigawatt-hours and a 9,000-strong workforce.
CATL’s general manager for Eur… [965 chars]
Source: Reuters | Published: 2025-09-07T16:25:53Z
Credit: Reuters
