Huayou Cobalt invested in a high-nickel power battery ternary cathode project in the small town of Aç in northwestern Hungary

The first phase of the ternary cathode project for high-nickel power batteries invested and constructed by Huayou Cobalt in the small town of Aç in northwestern Hungary is under intensive construction, and the first batch of products is expected to be shipped in March 2025. This is the first ternary cathode material factory established by a Chinese company in an EU country, which will have a positive impact on the local industrial technological innovation.