Rumors have circulated that CATL, China’s prime energy battery producer, confronted opposition from Hungarian locals over environmental issues and that the development of its second European manufacturing facility has been halted. On March 29, the corporate denied these claims and confirmed that the Hungarian manufacturing facility is progressing as scheduled with none delays.
In August 2022, CATL introduced plans to construct a battery manufacturing facility in Debrecen, japanese Hungary. On September fifth of the identical yr, it formally signed a pre-purchase settlement for the land. At the signing ceremony, Péter Szijjártó, Hungarian Minister of Foreign Affairs and Trade, stated that this was one of Europe’s 5 largest “greenfield investments” (new investments) over the previous decade and in addition Hungary’s largest new funding mission in historical past.
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The CATL plant covers an space of 221 hectares in the Southern Industrial Park of Debrecen. The first constructing started building in 2022 with a complete funding amounting to 7.34 billion euros ($7.96 billion), planning for a battery manufacturing capability of as much as 100 GWh.
CATL had beforehand constructed its first European manufacturing facility in Germany which started manufacturing initially of January 2023. According to Robin Zeng, Chairman of CATL: “We chose Germany as our first investment target because we want to bring the world’s most advanced power battery technology into Germany. By establishing localized power battery supply capabilities in Europe, we can better meet customer needs and provide more timely effective product solutions.”
As lithium-ion batteries proceed their shift in direction of worldwide markets, extra Chinese firms are beginning abroad manufacturing layouts reminiscent of EVE Energy, Gotion Hi-Tech, Envision AESC, Farasis Energy, CALB, SVOLT, and others.
In addition, industrial firms reminiscent of SEMCORP, GEM, and Shenzhen Kedali Industry are additionally strengthening their proximity to main prospects to make sure market competitiveness.
Going abroad is a pattern for battery firms. While China’s energy battery business is embracing alternatives for abroad tasks or exports, it additionally faces a sequence of challenges reminiscent of insurance policies, setting, and web site choice when implementing these tasks overseas.
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