Hungarian Town Debrecen to become Heart of Europe’s EV Battery Industry

November 30, 2022 By Aaem Joshi

(Image Credit Google)

The production of electric vehicle batteries is becoming a big business, with China and the United States leading the way. To avoid falling behind, Europe has been investing in production, and now there's an unlikely hot spot for battery production, according to a Financial Times report published Monday. That hotspot is Debrecen, a quiet town in eastern Hungary about two and a half hours from Budapest. It was once home to a Soviet-era airbase and a few farms, but it is now being eyed by several vehicle manufacturers and their battery partners for massive new production facilities, with the Chinese funding much of the development. Several EU organizations are concerned about this last point, but locals in Debrecen are more concerned about the environmental impact of these new massive factories. Debrecen is an unusual location for major industrial facilities due to its lack of proximity to large natural waterways. This means that industrial water use could have a significant impact on residents' quality of life. EV Battery Industry

The entire Financial Times report is lengthy, but if you're interested in looking behind the scenes at the burgeoning electric car industry and understanding its impact on transportation as well as geopolitics and the environment, it's well worth a read. Also Read: Honda Installs EV Battery Exchange Station In Tokyo Several EU organizations are concerned about this last point, but locals in Debrecen are more concerned about the environmental impact of these new massive factories. Debrecen is an unusual location for major industrial facilities due to its lack of proximity to large natural waterways. This means that industrial water use could have a significant impact on residents' quality of life. The entire Financial Times report is lengthy, but if you're interested in looking behind the scenes at the burgeoning electric car industry and understanding its impact on transportation as well as geopolitics and the environment, it's well worth a read.

By Aaem Joshi

I am a Journalist who loves digging up stories that remain unheard. Strongly Believe in the knowledge of the social world.

Hungarian Town Debrecen to become Heart of Europe’s EV Battery Industry

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