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CATL's €7.3B European Battery Plant to Boost EV Transition

CATL's new plant in Hungary will be one of Europe's largest, creating thousands of jobs and accelerating the region's shift to electric vehicles.

In the picture we can see a car engine with pipes, battery in it.
In the picture we can see a car engine with pipes, battery in it.

CATL's €7.3B European Battery Plant to Boost EV Transition

Chinese battery giant CATL is expanding in Europe with a massive €7.3 billion investment in Debrecen, Hungary. The plant, set to start production in early 2026, will be one of the continent's largest EV battery manufacturing bases, supporting major automakers like BMW, Stellantis, and Volkswagen in their electrification efforts.

CATL, a key player in the global battery market, is accelerating its globalization strategy with this large-scale battery factory. Construction of the first building began in 2022, and the project has already hired over 9,000 employees. The facility, planned to have an annual capacity of 100 GWh, will directly supply core customers such as BMW, Stellantis, and Volkswagen, aiding their transition to electric vehicles.

The plant in Debrecen is expected to be one of the largest of its kind in Europe, further solidifying CATL's position in the global battery market. The company aims to support European automakers in their electrification journey by providing high-quality, reliable battery solutions.

CATL's super battery plant in Debrecen, Hungary, is set to start production ahead of schedule in early 2026. With an investment of €7.3 billion, the plant will create thousands of jobs and play a crucial role in Europe's shift towards electric vehicles, serving major automakers such as BMW, Stellantis, and Volkswagen.

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