Electrical Equipment / Components & Telecoms

The Hungarian Minister of Foreign Affairs and Foreign Economy, Scijardo Peter, announced on the 12th that the Chinese company CATL will build a battery factory in the eastern Hungarian city of Debrecen.

Cijardo said on his social account that day, "We are proud of this." Hungary has become one of the world's leading battery manufacturing centers, and this massive investment will further strengthen its position.

CATL said in a statement on the same day that the company officially announced the construction of a battery factory in Debrecen, Hungary, with a planned production capacity of 100 GWh and an investment of 7.34 billion euros. This is the second factory built by CATL in Europe after the German factory.

The statement said that the project is located in the southern industrial park of Debrecen, covering an area of 221 hectares, and will produce battery cells and modules for European car manufacturers. The city of Debrecen is located in the heart of Europe. The Debrecen factory of CATL is close to the OEMs of Mercedes-Benz, BMW, Stlantis, Volkswagen and other customers, which will help CATL better respond to the needs of the European market and further Improve the global strategic layout and accelerate the electrification and energy transformation in Europe.