In the Ningde Times, the establishment of a battery recycling business in Europe is conducting preliminary consultations

2024-12-31 23:31:12|Myriagame |source：minecraft skins

IT House November 20 news. According to Bloomberg report today, the battery industry giant Ningde Times was negotiating in Europe in Europe. As the company is ready to start battery production in Hungary, this will expand its footprint in the region.Essence

Jason Chen, a local operation director in Ningde, said the company is discussing possible places for the European government, including Hungary.He said in an interview in Budapest, the capital of Hungary that a new battery manufacturing plant in the country is expected to be put into production in the second half of 2025."Now that we have come here, I hope there will be a closed loop from manufacturing to recovery here."

The report also mentioned that in the Ningde era, it was looking for local suppliers, including raw material suppliers.Jason Chen said that some companies have sent test samples, but these negotiations are preliminary and must meet the competitive requirements.

Jason Chen also refuted concerns about the slowdown in the transformation of electric vehicles. At present, auto manufacturers including Volkswagen and Mercedes-Benz Group (the main customers in the Ningde Times in Hungary) are slowing down the electrification goals.

"So far, we have not seen much influence, we do not rely on a single customer," Jason Chen said. Electrification is an "irreversible trend."

It is reported that the Hungarian battery factory in Ningde Times was located in the Debreson area and was about 2.5 hours from Budapest.The first stage of the factory is the annual capacity of 40 GWh, which will be expanded to 100 GWH in the future, supporting a battery for more than 1 million vehicles.

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