Hungary becomes a popular destination for Chinese lithium battery companies to invest in Europe

Recently, Hungary has become one of the popular destinations for Chinese lithium battery companies to "go global" to Europe. Many Chinese battery companies have invested in and built factories in Hungary, such as Enjie Co., Ltd., Hangke Technology, EVE Energy, Huayou Cobalt, BYD and CATL. These companies have invested in and built lithium battery production lines, power battery factories and other projects in Hungary, creating a large number of local jobs and promoting the economic and social development of Hungary.