CATL invests €7.34 billion to build EV battery production base in Hungary

CATL will build an electric vehicle battery production facility in Hungary with an investment of €7.34 billion. CATL is known as a supplier of batteries for Tesla and NIO electric vehicles. CATL, an electric vehicle battery giant, announced plans to build a battery factory in Hungary. This announcement follows NIO’s previous announcement that it would … Continue reading CATL invests €7.34 billion to build EV battery production base in Hungary