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From an Automotive Dream to an Economic Blow: It Will Hurt a Lot if Catl and Byd Really Put the Brakes on - Money Center
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The largest Chinese investments in Hungary may start late and/or with a more restrained capacity, news that causes uncertainty has also appeared around CATL and BYD - the former confirmed that the second phase of the Debrecen factory will not be completed for the time being. According to the executives who spoke to Pénzcentrum, this can primarily be attributed to the weakness of global demand and the industry's overcapacities. "The current devel…
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