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onsemi and Magna sign strategic agreements, invest in SiC manufacturing for growing EV market

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Additionally, onsemi’s end-to-end silicon carbide (SiC) manufacturing capability, combined with its ability to ramp production quickly, improves Magna’s vertical integration and simplifies its supply chain to meet the growing demand for its SiC-based products for EVs. Inverter for high-voltage EVs.

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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

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In addition, TMMT will be Toyota’s first European plant to start producing plug-in hybrid vehicles, and the first to be equipped with a battery production line. Alongside the vehicle production line, TMMT will build a new plug-in battery assembly line with a capacity of 75,000 units per year within its facility. market share.

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A123 Systems opening new manufacturing facility in Czech Republic; support for increasing volume of 12V and 48V Li-ion systems

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Li-ion battery manufacturer A123 Systems is expanding its operations in Europe by opening a new manufacturing facility in the Czech Republic city of Ostrava. The opening of the new facility is the result of a substantial surge in European market demand for low-voltage automotive products, a strategic focus of A123.

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Hyundai Mobis breaks ground on EV battery system plant in Spain for Volkswagen

Electric Cars Report

Hyundai Mobis, a Hyundai Motor affiliate, announced the construction of a new battery system plant in Spain, the heart of Europe’s automotive market. Mobis currently operates battery system production facilities in Korea, China, and the Czech Republic and is building several more in the USA, and Indonesia.

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Czech government, ?EZ sign MOU on $2.4B, 40GWh gigafactory; ?EZ lithium mine project progressing

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billion) in the project, with an annual production capacity of 40 GWh. The automotive industry is the cornerstone of the Czech economy and its share in our GDP is almost 10 percent. Electromobility is a reality and it is very important that one or more battery cell factories are established in our country in the Czech Republic.

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Hyundai Opens €1B Manufacturing Plant in Czech Republic

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billion) manufacturing plant in Nošovice, Czech Republic. With mass production having started in November last year, Hyundai Motor Manufacturing Czech (HMMC), a fully-owned subsidiary of Seoul-based Hyundai Motor Co., Hyundai Motor Co., officially opened its €1 billion (US$1.5

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

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million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. Hyundai Motor aims to establish a high efficiency manufacturing process for BEV production to accelerate its transition into electrification.

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