The first phase of the Hungarian battery factory of CATL has begun construction, and it is expected to be completed in 2 years.
After many obstacles, the first phase of the Hungarian Battery Factory of the Global Power Battery Giants-CATL finally started construction.
Catl’s Hungarian Battery Factory
100GWH
At present, the company’s Hungarian battery plant has a planned capacity of 100GWh, and the construction of the first phase has been started.
It is expected to be completed in about 2 years.
Anti -subsidy policy
In response to the influence of the EU’s anti -subsidy policy on Chinese electric vehicles, CATL said, “We are concerned about related matters. Climate challenges are a global issue. Opening and cooperation can ensure the healthy and healthy development of the industry.”
“This is also a deal with climate change and is the most effective way. The company’s advantage is that it has accumulated the experience of building factories overseas. In the future, it can meet the needs of customers’ localized supply and provide the best solution for global customers. ”
Market share breakthrough
According to SNE Research data, from January to August 2023, the market share of Catl’s overseas power batteries reached 27.7%, an increase of 6.9 percentage points from the same period last year.
Among them, Catl’s European market breakthrough quickly.
From January to August this year, the European power battery market share reached 34.9%, an increase of 8.1 percentage points year-on-year.
In addition, from January to August，the company’s power battery market share of power battery outside of China and the United States reached 27.2%, a year-on-year increase of 9.8 percentage points, ranking first.
Once the obstacle
In August last year, CATL announced that it would invest no more than 7.34 billion euros in a new 100GWH battery plant in Debelson, Hungary.
After completion, it will become the largest battery plant in Europe. This is also the second overseas factory of CATL.
A month ago, the Hungarian battery factory caused domestic and foreign attention due to the problem of groundwater.
Battery boom
Europe is currently constructing 40 battery factories. If all battery factories in Hungary are completed, it will meet 20%of European battery demand.
Almost all European countries engaged in automobile production are building power battery factories.
If Hungary hopes to maintain competitiveness in the field of new energy vehicles, either you can buy batteries from other places or the number of batteries required for local production.
As of now, battery production projects in Hungary have received a total of 14.2 billion euros.
China is the second largest investment country after South Korea.
