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EU approves EUR 264 million aid for Sunwoda EV battery plant in Hungary
On August 14, the European Commission approved a EUR 264 million Hungarian support package for Hungary Sunwoda Automotive Energy Technology Kft., a unit of Chinese battery maker Sunwoda Electric Co., Ltd., to build electric vehicle (EV) battery plant in Nyíregyháza, Hungary.
The aid, provided as a cash grant and tax ....
The aid, provided as a cash grant and tax ....
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