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He pointed to CATL’s own diversification by setting up battery production ventures in Germany, Hungary, Spain and Indonesia. CATL might be announcing more of such ventures in 2025, he added.

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 ...

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It is also working on investments abroad, 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 ...