China's battery producer CATL officially launches Hungarian plant

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China's battery producer CATL officially launches Hungarian plant

STORY: China's battery producer CATL officially launches Hungarian plant DATELINE: Sept. 7, 2022 LENGTH: 0:02:15 LOCATION: DEBRECEN, Hungary CATEGORY: ECONOMY/TECHNOLOGY SHOTLIST: 1. various of the signing ceremony 2. SOUNDBITE 1 (Hungarian): PETER SZIJJARTO, Hungarian Minister of Foreign Affairs and Trade 3. SOUNDBITE 2 (English): ROBIN ZENG, Chairman of CATL 4. SOUNDBITE 3 (English): YANG CHAO, Charge d'Affaires at Chinese Embassy in Budapest STORYLINE: Chinese battery producer Contemporary Amperex Technology Co., Limited (CATL) signed a real estate deal with the city of Debrecen in Hungary on Monday, marking the official launch of its second European plant. With a total investment of 7.34 bln euros (7.28 bln U.S. dollars), the plant is expected to achieve a production capacity of 100 GWh. Construction of the plant is scheduled to begin later this year. SOUNDBITE 1 (Hungarian): PETER SZIJJARTO, Hungarian Minister of Foreign Affairs and Trade "On this day here in Debrecen we write history because it is

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