China’s CATL To Build $7.6 Billion Hungary Battery Plant To Supply Mercedes, BMW

<img src="” title=”China’s CATL To Build $7.6 Billion Hungary Battery Plant To Supply Mercedes, BMW” /> 

China’s CATL said it would build a 7.3 billion euro ($7.6 billion) battery plant in Hungary, Europe’s largest so far, as the world’s biggest electric vehicle battery maker gears up to meet growing demand from global automakers.