The ninth largest battery manufacturer in the world has announced plans to open a new factory in Hungary.
Sunwoda Electronics is the latest Chinese company aiming to make vehicle batteries in Europe.
It should break ground next year and plans to run the plant entirely with renewable energy.
Pablo Gutierrez in Budapest reports.
In: It's a 274...
Out: ...from Europe's automakers.
Dur: 0:45
Sunwoda Electronics is the latest Chinese company aiming to make vehicle batteries in Europe.
It should break ground next year and plans to run the plant entirely with renewable energy.
Pablo Gutierrez in Budapest reports.
In: It's a 274...
Out: ...from Europe's automakers.
Dur: 0:45