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CATL to build €7B battery plant in Hungary, its second in Europe

Teslarati

billion to build a 100 GWh battery plant in Hungary. The Debrecen, Hungary battery plant would join CATL’s Munich, Germany facility as the second for the company in Europe. For comparison, Tesla’s Gigafactory Berlin facility sits on 300 hectares of land. CATL announced on Friday that it would invest €7.34

Hungary 98
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Benchmark Minerals: Europe’s EV gigafactory capacity pipeline to grow 6-fold to 789.2 GWh to 2030

Green Car Congress

Samsung SDI (Hungary): 20 GWh. SK Innovation (Hungary): 7.5 For comparison, China is growing by 220% in the same period, while the US is forecast to grow its battery capacity by 575%. Northvolt (Sweden): 16 GWh. Envision AESC (UK): 1.9GWh. This is a more than 6-fold increase on what is expected for 2022.

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BEV overtake diesels sales for the first time in Europe

Electric Cars Report

This growth can be attributed to the region’s rebound from a low comparison base last year, primarily driven by vehicle component shortages. Except for Hungary (-1.4%), all the EU markets grew, […] The post BEV overtake diesels sales for the first time in Europe appeared first on Electric Cars Report.

Europe 75
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Tesla launches its 2nd-cheapest, longest-range Model Y in select European countries

Teslarati

In comparison, the base Model Y RWD is listed with a WLTP range of 455 km (282 miles), the Model Y Long Range Dual Motor All Wheel Drive (AWD) is listed with a WLTP range of 533 km (331 miles), and the Model Y Performance is listed with a WLTP range of 514 km (319 miles).

Range 136
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BYD slashes price on its best-selling SUV to $16K to compete with gas cars

Baua Electric

For comparison, the latest version of the Atto 3 in overseas markets starts in France at €46,690, or $50,650, which includes VAT. The price war has already seen major deals on some of its best-selling EVs, with its brand-new Yuan Plus crossover now available at 11.8% cheaper than the final sale price of its predecessor, reports Reuters.

BYD 52
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Elon Musk talks AI, birth rates and more at Italian conference

Teslarati

” Musk went on to call the potential for AI “quite profound,” continuing comparisons to the sector as a magic genie. In September, Musk spoke with Hungary President Katalin Novák about the world’s population collapse being one of today’s most important problems.

Italy 121
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

In comparison, Soviet (Russian) gas was available in huge volumes, and it came from some of the world’s largest reservoirs, guaranteeing reliable long-term deliveries. The main alternative, liquefied natural gas delivered by ship, was far more expensive, as was gas delivered by pipelines from North Africa.

Ukraine 112