CATL announced a new 100GWH battery cell plant in Hungary, its second in Europe, and will supply automakers like Tesla, Mercedes-Benz, and BMW.

CATL(Contemporary Amperex Technology Co. Limited) Chinese largest battery manufacturer, has announced gaint new battery plant in Europe

CTAL to build a 100GWH battery cell plant in Debrecen of east Hungary would invest €7.34 billion euros (~$7.4 billion USD), it is the second battery plant in Europe from CATL.

Hungary battery plant will cover around 221 hectares(~ 546.103 acres) in Southern Industrial park, Debrecen, which is 48 hectares more compared to its first plant.

CATL also announced that in the Hungary plant we will utilize “sustainable energy” for electricity, our vision is to build a “sustainable & circular battery value chain”.

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