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Xinzhi Group, China invests EUR 134 million in Hungary for NEV component production
On January 13, Hungarian Investment Promotion Agency (HIPA) announced that Xinzhi Group Co., Ltd, a key player in the automotive industry, will invest around EUR 134 million in Hatvan, Hungary, to produce stator and rotor components for new-energy vehicles (NEVs). The company has chosen INPARK Hatvan Industrial Park ....
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