Automakers

Mercedes, CATL battery plant investment faces local backlash in Hungary

Mercedes production Hungary
Daimler builds Mercedes compact cars at its plant in Kecskemet, Hungary. 
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By:
Bloomberg
January 23, 2023 11:05 AM

Hungarian protesters disrupted an event in the city where Chinese battery maker Contemporary Amperex Technology Co. Ltd. and Mercedes-Benz plan a 7.3 billion-euro ($7.9 billion) factory, signaling growing opposition to the country’s single biggest investment.

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