Ningbo Zhenyu Technology to build $65.9M battery parts factory in Hungary

Ningbo Zhenyu Technology will invest $65.9 million to construct a new factory in Debrecen, Hungary, to manufacture precision structural parts for electric car batteries. The site is expected to be operational by the end of 2027.

“Ningbo Zhenyu Technology, a China-based manufacturer of progressive lamination dyes and high-precision machining equipment, has announced that it plans to invest $65.9m to construct a new factory in Debrecen.”investmentmonitor.ai

• 1 source
• investmentmonitor.aiHungary factory for Ningbo Zhenyu Technology- Investment MonitorRichard GardhamJul 28, 2023

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