# CAIP breaks ground on first overseas factory in Hungary

Chinese automotive supplier CAIP broke ground on its first overseas factory in Nyíregyháza, Hungary, on 18 November 2024. The facility spans 60,000 square meters with a total investment of €60 million and is expected to produce 450,000 sets of automotive interior and exterior trim products annually.

- Type: New facility
- Announced: 2024-11-18
- Where: Nyíregyháza, Southern Industrial Park, Hungary
- Value: $66.0M (60.0M EUR)
- Status: under construction
- Capacity: 450,000 sets of automotive interior and exterior trim products annually
- Products: automotive interior and exterior trim products, intelligent cockpit modules
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Jiangsu Changshu Automotive Trim Group](https://endata.com/companies/75433.md)

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/news/caip-starts-construction-of-first-overseas-factory-in-hungary-70035165), 2024-11-20: "Building a plant in Hungary aligns with our group's global development strategy."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.