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CATL's Hungarian plant has begun trial production, which analysts expect will help the company expand into international markets.
CATL announced that its €7.3 billion (approximately $8.35 billion) battery cell plant in Debrecen, Hungary, began trial production on Tuesday, having passed all regulatory approvals and met the prerequisites for trial operation. Analysts expect this move to help the world's largest electric vehicle battery producer further expand into international brand markets such as BMW and Volkswagen.
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