CATL to build €7B battery plant in Hungary, its second in Europe
Teslarati
AUGUST 12, 2022
Chinese battery manufacturer Contemporary Amperex Technology Co., Limited, or CATL, has announced a massive investment to build a new cell manufacturing plant in Europe. billion to build a 100 GWh battery plant in Hungary. For comparison, Tesla’s Gigafactory Berlin facility sits on 300 hectares of land.
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