Kodali plans to invest 50 million euros to build the third phase of the power battery structural parts project in Hungary

Kodali announced that it will invest no more than 50 million euros in Hungary to build a third phase project for power battery structural parts to meet the needs of the European new energy vehicle supply chain. The project is expected to be put into production in 2026 and will mainly provide supporting services for European factories of companies such as CATL and BYD.