Duna Autó Forms Strategic Cooperation With China's Sunnic

Automotive

Image: isunnic.com

Hungarian car seller Duna Autó has formed a partnership with China's Sunnic, a joint venture of battery maker Catl and consumer electronics company Xiaomi, according to a report by state news wire MTI.

The strategic cooperation agreement was signed on Friday by Sunnic's John Kong and Duna Autó Group CEO Péter Ormos, Duna Autó said.

Under the agreement, Duna Autó will set up a subsidiary, with its own dedicated team of experts, to represent Sunnic products and services in Hungary. The new company will conduct sales and distribution activities in the framework of the partnership. Simultaneously, Sunnic will establish a center in Budapest to provide technical support and customer service.

Sunnic's product portfolio includes home EV charging stations for consumers and smart energy storage systems connected to solar panels for industrial and commercial customers, Duna Autó said.

Fiscal Council Head Points to Need for 'Very Disciplined' Bu... Analysis

Fiscal Council Head Points to Need for 'Very Disciplined' Bu...

Balázs Hankó Tapped to Head Culture and Innovation Ministry Government

Balázs Hankó Tapped to Head Culture and Innovation Ministry

Home Rental Rates in Hungary Rise 10.5% in May Residential

Home Rental Rates in Hungary Rise 10.5% in May

Discover the Potential of Geothermal Energy at Budapest Geot... Conferences

Discover the Potential of Geothermal Energy at Budapest Geot...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.