Catl battery hungary

Where is CATL launching a new battery plant in Europe?

China-based CATL, a global leader in lithium-ion battery development and manufacturing picked Hungary as the location of its second European plant following the one in Germany. Construction is scheduled to commence this year on 221 hectares in the Southern Industrial Park of Debrecen.

What is CATL's new EV battery plant investment in Europe?

Contemporary Amperex Technology Co., Limited (CATL) officially announced today a massive new battery plant investment in Europe. The Chinese manufacturer intends to invest €7.34 billion ($7.5 billion) to build a 100 GWh EV battery plant in Debrecen, Hungary.

What is the biggest investment in Hungary's battery industry?

News Economy The biggest investment in Hungary's... CATL, the world's largest battery manufacturer, will build its second plant in Europe in Debrecen.

Will CATL have a second battery plant in Europe?

That would be CATL's second battery plant in Europe, as the first one (much smaller) is expected to start production this year in Erfurt, Germany (8 GWh annually initially and 14 GWh annually in the future). This project was started in 2019.

Will China build a 100 GWh EV battery plant in Hungary?

The Chinese manufacturer intends to invest €7.34 billion ($7.5 billion) to build a 100 GWh EV battery plant in Debrecen, Hungary. Once approved at the shareholder meeting, construction of the first production facilities will start before the end of this year.

Will CATL Debrecen have a battery recycling plant in Europe?

Balázs Szilágyi, CATL Debrecen’s public affairs director, said the company is still searching for a site in Europe for a battery recycling plant. He added that the workforce at the battery plant in Debrecen will exceed 1,000 by mid-2025 and reach 2,000 by the end of the year.