CATL's Hungary Plant: Powering Europe's EV Future
Update: 2025-09-07
Description
Battery Breakthrough: Chinese giant CATL's massive new Hungary plant is launching production early! Get ready for a surge in European EV battery supply as the $7.3 billion facility, one of Europe's largest, aims to power automakers like BMW and Volkswagen with its colossal 100 GWh annual capacity. Despite EV sales jitters, CATL doubles down, solidifying its dominance and accelerating the electric car revolution.
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