Danny Lee and William Wilkes

Government, Business, Technology

Mercedes, CATL Partner on $7.6 Billion Hungary Battery Plant

Mercedes logo Michael Sohn/Associated Press

Mercedes-Benz Group AG will join China’s Contemporary Amperex Technology Co. Ltd. in building a battery factory in Hungary with an investment of as much as $7.6 billion.

Danny Lee and William Wilkes | Bloomberg News  
August 12, 2022