Battery manufacturer Sunwoda Mobility, China to open new plant in Hungary

On July 27, the Hungarian Investment Promotion Agency (HIPA) announced that Sunwoda Mobility Energy Technology Co., Ltd. will invest EUR 245 million to set up a new plant in Nyíregyháza, Hungary. Its mid-long-term European market strategy, in turn, may create more than 1,000 jobs and may result in up to around 1.5 bi....

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