Contemporary Amperex Technology Company Limited, and global logistics company DHL Group have agreed to strengthen their ...

More than 50% of all cars sold in China last year were electric vehicles, making China by far the largest EV <a target=_blank href= ...

CATL is hoping to announce a plan to build a new joint factory with an original equipment manufacturer (OEM) in Europe this ...

CATL said in a securities filing late on Tuesday that its revenue fell between 8.7% and 11.2% last year after it adjusted product prices to reflect a decline in the price of raw materials such as ...

Recently, the "White Paper on the Development of the Lithium-Ion Battery Industry in China (2025)" jointly released by EVTank, Yiwei Economic Research Institute, and China Battery Industry Research ...

including a 100 GWh battery factory in Hungary to supply the likes of Mercedes-Benz and BMW, as well as a new jointly owned battery plant with Stellantis in Spain. On Tuesday, CATL's co-chairman ...

whereas the Hungary plant is built in Debrecen, where Mercedes-Benz is assembling the upcoming CLA EVs. It's unclear which might be the partner for CATL's fourth European factory, but analysts ...

CATL already has two EV battery plants in Europe, one in Germany and the other in Hungary. Last month, it announced its third through a new partnership with Jeep maker Stellantis. The facility ...

Despite these challenges, Hungary’s government has effectively utilised investment incentives to attract large-scale projects. Emerging industries like electromobility and semiconductor production are ...

The EU should encourage Chinese carmakers to open more plants in the bloc as part of a deal to drop punitive tariffs on imported Chinese electric vehicles, the boss of Mercedes-Benz has said.

Last month, Prime Minister Viktor Orban of Hungary traveled to Mar-a-Lago to meet with President-elect Donald Trump. Posting afterward on X, Orban — a longtime supporter of Trump’s — wrote ...