Duna Autó Forms Strategic Cooperation With China's Sunnic
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.
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