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Electric vehicle battery

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Another Large Battery Plant to Be Built in Hungary

D&T
Aug 13, 2022

Leading market player Contemporary Amperex Technology Co. Ltd. (CATL) will invest EUR 7.34 billion to build a 100 GWh battery plant in Debrecen, E Hungary, the Hungarian Investment Promotion Agency (HIPA) reports. The investment that is to create over 9,000 new jobs will become Hungary’s largest FDI project ever and is set to strengthen the […]

Hungary Joins European Battery Market Race

D&T
Nov 18, 2020

Hungary takes the lead in Central Eastern Europe to join the European Battery industry’s goals to secure a successful green transition within the automotive and energy sector with a strong battery industry in order to achieve the national as well as the European climate-goals.  The Hungarian Ministry of Innovation and Technology in cooperation with EIT […]

Korean Firm to Set Up First European Units in Hungary

D&T
Sep 3, 2020

Within the framework of its investment of EUR 32.1 million, the South Korea-based company Dongwha is building already two units in Sóskút, NW of Budapest: one for producing electrolyte and another to recycle the solvent NMP. Both activities are closely linked to the EV (electric vehicle) battery manufacturing value chain, creating an additional 90 jobs, […]

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