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Toray, LG Chem to establish battery separator film joint venture in Hungary

Green Car Congress

Toray Industries and LG Chem have agreed to form a battery separator film joint venture in Hungary. LG Chem will invest US$375 million (around ¥43 billion) in Toray Industries Hungary Kft. LTHS will license from LG Chem and Toray the technologies necessary to produce separators for LG Group lithium-ion batteries.

Hungary 186
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Paks, Hungary orders 10 electric Solaris buses

Green Car Congress

The city of Paks, located in the central part of Hungary, has ordered 10 zero-emission electric buses from Solaris: six Solaris Urbino 12 electric vehicles and four 8.9-meter LE electric will be delivered to Hungary within 11 months of signing the contract. meter electric buses with five stationary chargers. Urbino 12 electric.

Hungary 243
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NIO's plant in Hungary for swap stations to start operation in September

CN EV Post

This is NIO's first overseas plant, covering an area of about 10,000 square meters, and its main activities include the production of battery swap stations and after-sales service. The post NIO's plant in Hungary for swap stations to start operation in September appeared first on CnEVPost.

Hungary 141
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Nio to open first overseas facility in Hungary

Electric Cars Report

Chinese premium electric vehicle manufacturer Nio has announced plans to open its first overseas facility in Budapest, Hungary, in September 2022. Located in Pest in the eastern part of the city, the new 10,000 square meters facility will manufacture power products including battery-swapping stations for the European market.

Hungary 104
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Toyocolor to supply SK Innovation with Lioaccum conductive CNT dispersions for Li-ion cathodes

Green Car Congress

the colorants and functional materials division of Japan’s Toyo Ink Group, will supply the North American and European operations of SK Innovation, a South Korean lithium-ion (li-ion) battery manufacturer, with Toyocolor’s Lioaccum series of conductive carbon nanotube (CNT) dispersions. Toyocolor Co.,

Li-ion 397
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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

Green Car Congress

Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 The advancements in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenario, and increasing consumer preferences toward EVs are expediting market growth worldwide.

Li-ion 170
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China’s BYD tops 1.6 million BEV sales in 2023

Baua Electric

million fully battery-electric vehicles last year, coming close to Tesla’s projected goal of 1.8 Adding up sales for all so-called new energy vehicles, including battery-only vehicles and hybrids, BYD sold 3 million vehicles in 2023. Tallying up its year-end sales, it’s a massive 62% growth from 2022. million vehicles.

BYD 52