China’s Sunwoda Electronic To Build $275 Million EV Battery Factory In Hungary
China’s Sunwoda Electronic (300207.SZ) plans to build a power battery factory in Hungary for electric vehicles, with initial investment of up to 1.96 billion yuan ($274.71 million), as Chinese battery makers expand in the European market. The money will be used for…
Nissan And Sunwoda Join Hands For Battery Development
Japanese carmaker Nissan Motor Co. Ltd has partnered with Sunwoda Electric Vehicle Battery Co. Ltd. for joint development of next-generation vehicle batteries for Nissan’s e-POWER models. The two companies will also discuss the development of an efficient production system to…
